Items filtered by date: February 2014


If you are a struggling for financing or just need some extra cash to start funding your exciting new business or creative new project, you have come to the right place. Banks are becoming increasingly tighter on lending and venture capital is hard to raise, especially if you’re not a whiz-kid with a new app based in Silicone Valley. However all is not lost due to the latest forms of fundraising from crowdfunding platforms just like fundedflow. Crowdfunding is a quick way to transform a small start or SME (Small to Medium Enterprise) into a full firing operational business. Also known as "social funding" or "crowdsource" which has evolved and helped redefine how new businesses and startups raise money and grow. Crowdfunding platforms also help benefit individual investors who can learn about new talent and startup companys who they can invest in. Usually investors or donors receive a small reward or “give back” in return for the investment or donation.

Here are fundedflows Top 10 choices for crowdfunding platforms

Published in Advice & Tips

 

Date: February 28th 2014 (Friday)
Time: 5:30pm – 8:30pm
Venue: Room CBC, Chow Yei Ching Building, HKU

Organiser

A first time, "flagship technology event" to be heled at the Hong Kong Univeristy (HKU) campus. If you want to hear about some mind-blowing tech ideas and plans from global tech companies and startups, then you will want to join on the 28th for “The Future of Technology: How Tech Will Change Your Life”.

The event is being held by TecHKU and the Faculty of Engineering, and is to be hosted by Napoleon Biggs of Hong Kongs from Web Wednesday. 

 

Keynote speakers include:

Evernote - Mr. Troy Malone, Asia Pacific General Manager of Evernote; and Mr. Jeremy Yuan, Marketing Director at Evernote

Evernote is the popular, multi-platform notetaking app. Also known as Yinxiang Biji in China, they are also the makers of Skitch, Penultimate, Evernote Web Clipper, Evernote Food and Evernote Clearly. By 2012, the five year old Evernote has 34 million users.


Easy Taxi - Mr. Blake Larson, Managing director at Easy Taxi

Easy Taxi is the largest smartphone taxi booking app in the world. Founded only in 2012 in Brazil, the free app has expanded now to 26 countries and 82 cities, including Hong Kong. The company also runs a business solution for bars, restaurants and hotels.


Slicify - Mr. Steve Cook, Founder and Chief Technology Officer of Slicify
Slicify is a crowd-sourced computing platform powered by a global network of home computers, headquartered in Hong Kong. It provides a low cost alternative to traditional cloud computing solutions and gives home PC owners a way to earn money off their hardware.


Anxbtc - Mr. Ken Lo, CEO of Asia Nexgen Bitcoin Exchange
ANXBTC Bitcoin Exchange provides a safe platform for buying and selling bitcoins. They are also launching the world’s first retail bitcoin store in Hong Kong on the same day of this event (118 Connaught Road West!).


Skydrone -  Mr. Patrick Kosiol, Founder of Sky Drone
Sky Drone is a small Unmanned Aircraft Systems vehicle that takes first person view videos developed by the Hong Kong based Skylab Mobilesystems Ltd.


 

Registration information, limited seats:

For more details visit the official page here

 

Bitcoin has in recent months, received increased interest and gained wider acceptance as payment method, it has also has picked up a growing volume of large venture capital investors. The current price of around US$517 per bitcoin, the total estimated circulation is worth an approximate US$6.4 billion.

Published in Research & Trends

 

Yesterday Chris Matthews from WSJ reported that an unnamed source informed him that federal prosecutors issued a subpoena to MTGox this month. No further comment from the U.S Attorneys office in New York has yet been issued.

MtGox closed its trading operations yesterday night over what it says were "recent news reports and the potential repercussions on MtGox's operations and the market." Shortly after WSJ borke the story Reuters akso relaed a report that the Japanese aithorites were also investigating the Tokyo-based exchange. "At this stage the relevant financial authorities, the police, the Finance Ministry and others are gathering information on the case," Chief Cabinet Secretary Yoshihide Suga said in a news conference, according to Reuters.

Published in News
Wednesday, 26 February 2014 14:28

Official Joint Statement Regarding Mt.Gox

 

This is a copy of the original Statement Regarding Mt. Gox that was Posted on February 25, 2014 by the Blockchain Team

For immediate distribution: February 24th, 2014 — 10:00 PM ET

The purpose of this document is to summarize a joint statement to the Bitcoin community regarding Mt.Gox.
This tragic violation of the trust of users of Mt.Gox was the result of one company’s abhorrent actions and does not reflect the resilience or value of bitcoin and the digital currency industry. There are hundreds of trustworthy and responsible companies involved in bitcoin. These companies will continue to build the future of money by making bitcoin more secure and easy to use for consumers and merchants. As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.

Published in News

In this weeks feature Fundedflow takes a look at Reaction Inc, a US company based in Austin, Texas. The company who launched in July 2013, develops and produces emergency housing shelters in the form of mobile accommodation units. There initial products is called the Exo Housing System, and is a portable shelter made out of a lightweight composite. The shelters can be moved by had but are robust enough to stop bullets. The units also incorporate a unique shelving and bed stacking system which allows for a dynamic use of the unit dependant on situations. The Exo also flat packs and can be stacked like a set of plastic cups for storage and transportation. The units can be set up within 2 minutes and are not dependant on any tools or machinery.

Published in Features

 

Every business needs a marketing plan, whether a huge corporation or a simple one man band startup. That means you!

These 10 steps will be covered in three parts and will help provide the basic outline of what you need to do and how to prepare. Marketing plans are similar to your business plan and will help you keep focused and make decisions on how and where to resource and manage your channels. Having a marketing plan will not be a definite answer to success but will provide you with a better chance to achieve your objectives and ultimately accomplish the goal. Through the plan you will be able to work through checkpoints and deadlines that will allow you to track in detail when and how to action marketing activities, test, optimise and fine-tune until your plan is generating the most desired results. This is one of the most important factors as it will raise your success rate and ROI (return on investment). The research and effort you put into your plan will also provide you with valuable industry and business insight into your marketplace.

Published in Advice & Tips


I'm excited to announce that we've agreed to acquire WhatsApp and that their entire team will be joining us at Facebook.

Our mission is to make the world more open and connected. We do this by building services that help people share any type of content with any group of people they want. WhatsApp will help us do this by continuing to develop a service that people around the world love to use every day.

Published in News

 The US$19 billion purchase of WhatsApp mobile messaging service by Facebook, currently trends as the largest purchase by a venture capital backed firm ever. Facebook closed an agreement to buy WhatsApp for a record breaking US$19 billion in a mix of cash and stock, a mega deal that dwarfs Facbook’s earlier purchase of Instagram for a mere US$ 1 billion in 2012. This by far has to be one of the largest deals concluded in a market where tech and mobile startups deal in astronomical prices.

Published in Deals & Funding

Facebook the social networking giant was forced to issue an apology in a statement today after its new US$16billion acquisition WhatsApp went down for almost 3 hours. WhatsApps team behind the scenes of the messaging app that was acquired by Facebook last week revealed the fault was caused by "Server Issues". The popular application's chat conversations - used by more than 450 million people globally each month - showed a loading asterisk and alert, 'Connecting...' while the problems lasted.

WhatsApp used its @wa-status account to tweet at 8:16pm: 'Sorry we currently experiencing server issues. We hope to be back up and recovered shortly.'
At 10.48pm it announced the problems had been fixed, tweeting: 'WhatsApp service has been restored. We are so sorry for the downtime...'

Some users complained about the problems, while others joked that the WhatsApp team had gone on holiday following their multi-billion dollar purchase deal with Facebook. Facebook announced on Thursday that its deal with WhatsApp comprised 4 billion US dollars in cash and 12 billion US dollars worth of Facebook shares. The agreement also provides for an additional three billion US dollars (£1.8 billion) in restricted stock units to be granted to WhatsApp's founders and employees to be paid in four years.

Around 70 per cent of WhatsApp's monthly 450 million users use the application every day, Facebook said.

Published in News
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