Startup Roundup March 14, 2016


Service founder Michael Schneider on the LA startup scene at south by southwest – Business Insider

A lot of founders and investors from the LA startup scene are in Austin, Texas this week for South by Southwest. A few years ago, the only startups people really knew about in southern California were Snapchat and Tinder.

But in the last five years, a lot has changed. We chatted with Michael Schneider, who recently founded an up and coming startup there calledService, about what it’s like to build a company there, and which startups should be on your radar. 


Spanish startup entrepreneurs to visit Tel Aviv | ISRAEL21c

On March 14, heads of startups in Spain will begin a two-day visit to experience the corporate digital ecosystem in Tel Aviv.

This first-ever Spanish high-tech mission to Israel was organized by Red.es, a public corporate entity of the Spanish Ministry of Industry, Energy and Tourism responsible for promoting the development of the Information Society in Spain, in collaboration with trade and investment body ICEX and trade association Adigital.

The Spanish startups will visit leading digital economy players in Israel’s tech hub – not only startups, but also investment funds, communities of entrepreneurs and large international corporations with innovation centers in Israel. 


Chinese fund ups prize ante in worldwide start-up contest | The Times of Israel

For the second year, Israel’s Jerusalem Venture Partners (JVP) is teaming up with China’s Shengjing Group and its venture capital arm, the Shengjing Fund of Funds. The contest is being run simultaneously in the China, the US, Europe, and Israel, with two Israeli companies to be chosen to compete against 18 others from the rest of the world in the finals, set to take place in Beijing next August. 


How startups can generate Form 16

Call it a myth or just lack of awareness, but most startups are not aware that they have to generate Form 16 for all of their salaried employees, even when there is no TDS deduction because the salary is below the annual taxable limit. This is one of the most common taxation errors that startups make. 


Israeli start-up takes on ‘grand challenge’ of beating Zika | The Times of Israel

Biofeed, along with nine other start-ups, was awarded the prize last week as part of the Grand Challenges Israel contest. Modeled on government-sponsored programs in the US, Canada, India, Brazil, China and others, the program invites entrepreneurs with innovative technology that could help solve problems in Africa, Asia, South America, and even poverty-stricken areas in the West to submit their ideas and projects. Last week, the Office of the Chief Scientist of the Economy Ministry, along with the Mashav international development division of the Foreign Ministry, chose the winners.

“Much of the world’s population is suffering from lack of food and access to clean water and exposure to diseases. Israeli entrepreneurs have developed technologies that will improve the quality of life for billions around the world.” said Mashav director Gil Haskel. 


Now investors participate in startup pitches – Times of India

In thestartup world, everyone is familiar with the pitch events – entrepreneurs pitching their idea to investors, and reverse-pitch events – representatives of venture funds pitching to entrepreneurs. This Friday, Bengaluru saw a new type of pitch session emerge – where entrepreneurs pitched their startup ideas to other investors, along with a lead investor.

“The whole investor coming in gives a big boost for a small startup like us. It shows a big picture to the people who are coming in when an investor believes in you. And the other thing is they take very good care of understanding who we are. So it’s very sector specific. Otherwise, you don’t know which investors to talk to and how to talk to them,” said Nikalank Jain, CPO of Qiddle, an online interaction platform for mothers. 


5 Startup Assets That Will Get You Acquired in 2016

Getting acquired is the dream of every startup. One of the major players want to sweep in and purchase your humble product. Of course, this is not easy and for the majority of businesses, this will never happen. A renewed sense of optimism has arisen as PayPal continues its acquisition spree by purchasing eCommerce platform Modest for an undisclosed free.

So how do you increase your chances of getting acquired?

This guide is going to show you five of the assets that you need to get acquired in 2016


Tips for Marketing Your Startup on Instagram

Pictures and hashtags? How is this a marketing strategy? Most startup entrepreneurs are busy creating a “killer” website, developing a business blog and getting themselves all over Facebook, Twitter, and LinkedIn. Instagram is just not on their “radar,” because, after all, it is just pictures, and it’s hard to figure out how that can be used as a marketing tool.

What established business owners know, however, is that Instagram is an amazing way to market their products and services, get audience engagement, and bring traffic to their websites. Here are several ways in which you can use Instagram as a great marketing tool. 


International start-ups pitch their way into U.S. market at SXSW

Jet-lagged and nervous, Eirini Malliaraki, 25, stood in front of a panel of judges and fielded a barrage of questions about revenue streams, patents, employee targets and product development.

It was worth it.

Malliaraki was participating in a “Fast-Pitch Competition” for foreign entrepreneurs on the first day of South by Southwest Interactive here. The event was organized by International Accelerator, an Austin-based fund and mentorship program that helps foreign-born startups break into the U.S. market.

If selected, the London-based startup she co-founded, Filisia, will get a shot at relocating to the U.S. “It’s a big market and easier to get funding,” Malliaraki said. “We’d like to come to the States at some point.” 


35 quotes from Indian startup journeys

From Women’s Day to work ethics, witness the memorable journey of Indian entrepreneurship in these excerpts and stories! StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous post here). Share these 35 gems and insights from the week of March 6-12 with your colleagues and networks, and check back to the original articles for more insights! 


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