Startup Roundup June 27, 2016


Europe’s Startups Reassess Britain After ‘Brexit’ – WSJ

Britain’s vote to leave the European Union is already forcing Europe’s nimble, tech startup community to reassess operations there—a potential early warning for the kind of dramatic action bigger companies may have to take. 


Five Lessons From Some Of Today’s Hottest, Billion-Dollar Startups – Forbes

What makes the billion dollar startups so unique? The answer is distribution. They either create a whole new market, like Uber and Airbnb did with the sharing economy, or they massively disrupt existing markets, such as healthcare and finance. 


Media startups without a mission will crash and burn, Brian Lam says – Recode

The Wirecutter, a tech reviews site centered around picking the “best” product in several categories, was built with no VC funding and a lot of big ideas. 


When those meant to be executives become startup founders, everyone loses – The Economic Times

There’s this great visual most people have of being an entrepreneur or a founder. It’s a poster of a young college dropout, next to the logo of a billion-dollar company they founded, surrounded by famous people and, of course, money. Lots of money.


Young Talent Feeding Silicon Dragon Startups Takes The Stage And Wows – Forbes

One thing that really impresses about the global startup revolution that is going on is the young talent that is coming up to develop the next generation of innovations and emerging companies. 


China Focus: China’s start-up boom lures talent away from traditional path – Xinhua | English.news.cn

Start-ups offer the prospect of realizing one’s dreams, leading many to give up high-paying jobs at established firms, according to investors and entrepreneurs on Sunday at a meeting of the World Economic Forum in Tianjin in north China. 


Startups, compete at your own risk | Wamda.com

Be it money, equity, consultation, incubation or simply a platform to fine-tune the elevator pitch, startup competitions have manufactured an industry of their own with impressive prizes on offer. 


7 Reasons Why Food Startups Are Getting Major Funding

Major corporations and venture capitalists (VC) are investing in food startups more than ever. Society’s eating habits are changing and with that, the food industry needs to make changes as well. 


Samsung launches mobile startup incubation program | ZDNet

Samsung has launched an incubation program called Creative Square that will help startups and designers working in mobile. 


Small Startups Target Big Data Leaving Enterprises Wanting More – Forbes

As the digital age progresses and more information becomes accessible, it is only natural that new methods of accessing, analyzing and understanding this data will need to be developed. 


U.K. Tech Startups Prepare For Life After Brexit – Forbes

Entrepreneurs working in London’s tech sector got a rude awakening this morning when they looked at their phones: against the bookmakers and pollster’s olds, Britain had voted to leave the EU. 


Abuja, Nigeria’s original startup city is making a big play for Africa’s young tech entrepreneurs — Quartz

When most people think of Nigeria having an ecosystem of innovation and technology they instinctively think of Lagos, and understandably so.


Former Startup Battlefield competitor Satago raises £4.6m to help small businesses get paid | TechCrunch

Back in November, TechCrunch took a look at former Startup Battlefield competitor Satago, a U.K. fintech startup that was looking to help freelancers and other small business owners get paid on time. 


Brexit will turn Berlin into ‘Europe’s startup capital’ – The Local

Thanks to its location in a finance centre and also fewer language barriers with Silicon Valley, London has long been dubbed the startup capital of Europe. 


Brexit Would Hurt U.K. Startups, Tech Leaders Say – Forbes

Thursday’s nationwide referendum on a British exit from the European Union has already prompted much hand-wringing from everyone from George Soros to the Bank to England to Pres. Obama.


Even Breakfast-Cereal Companies Are Pouring Money into Start-Ups | Vanity Fair

Even cereal makers, it seems, are worried about Silicon Valley eating their lunch. On Monday, Kellogg—yes, like the maker of Frosted Flakes—announced the creation of a venture-capital arm, to invest in start-ups. 


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