Startup Roundup May 17, 2016


How A Mexican Startup is Turning Mango Scraps Into Nutritional Gold – Forbes

González, 27, and his partner, Flavio Siller, 26, are the cofounders of EatLimmo, a food-tech startup in  Monterrey, Mexico that’s finding nutritional gold where others just see garbage. 


3 ways startups are fighting for digital and physical security | TechCrunch

Internet accessibility for all people, of all ages and in all places has unleashed unprecedented resources and opportunities. It also unlocked our digital and physical security. The sacrifice of safety is an unintended consequence of the Internet age. Can the tools that caused this vulnerability be reappropriated to make us safer? 


Largest startup valuation increases since 2016 – Business Insider

For the last four years, many startups have been chasing after a billion-dollar “unicorn” valuation. Now that the steroid era of startup funding is coming to an end, these richly valued companies are in the spotlight. Many will end up being worth a lot less than their last valuation. A few will surpass it.  


Seed Capital: Japan Looks to Grow Startups on the Farm – WSJ

A few years ago, rice grower Senichi Makino had a beefy business idea. He wanted to use brown rice to cook up a concoction that mimicked the taste and texture of meat. 


Tech Startups Come Up With Some Creative Definitions for ‘Profitable’ – Bloomberg

Last September, SpoonRocket was running out of money. Founders of the Berkeley, Calif., meal-delivery company had initially sold investors on aggressive expansion plans and the promises of a high-growth business. By the time it completed a planned rollout to San Diego and Seattle early last year, the funding environment had changed. Venture capitalists had begun to prioritize profit over growth. 


Australian start-up founders risk turning soft with flood of VC money | afr.com

Australian venture capitalists are raising three times more money this year than last year, with more than a billion dollars of fresh capital raised – or being raised – to invest in the nation’s technology start-ups. 


At Quincy Green, Startup Cannabis Farmers Cope With Falling Prices – Forbes

Leslie and Mark Olson are law partners, entrepreneurs, and as of 2014, founders and owners of Quincy Green, a cannabis farm in a picturesque part of Eastern Washington state that gets 300 days of sun per year. Mark is also a third generation farm owner, so the business fit may sound ideal, but the couple is using every skill they have to steer around the pitfalls and falling prices of their nascent industry. 


Start-up lenders to get boost from watchdog – FT.com

The UK’s competition watchdog is set to unveil measures to help people understand bank charges and switch current accounts, in a move that Britain’s start-up lenders hope will erode the dominance of the “big four” high street banks. 


25 quotes from Indian startup journeys

From technology to teams, 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 25 gems and insights from the week of May 8-14 with your colleagues and networks, and check back to the original articles for more insights! 


Why Your First Year Startup Journey Probably Won’t Be A Straight Line – Forbes

When launching a new business you need a solid plan, bags of market research under your belt and a clear vision. But as any seasoned entrepreneur will tell you, you shouldn’t get too hung up on where you expect your startup to be or to look like in a year’s time. The chances are, something in your strategy will have changed. 

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