Articles about startups

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Tech VCs sue Uncle Sam over President Trump's immigration chill

A group of technology venture capitalists are suing the US government for, effectively, preventing them from investing in startups due to immigration red tape. The National Venture Capital Association (NVCA) has accused the Department of Homeland Security of harming their money-making schemes by not implementing the …
Shaun Nichols, 2 Oct 2017
Orange juice squeezing

Crushed Juicero now officially a fruitless endeavor

On Friday, embattled "smart" juicer startup Juicero shut down. Executives announced that the company would be suspending sales of its juicers and "produce packs" and looking to sell what's left of its business to a larger chain. This after Juicero said in July that it was cutting staff and looking at ways to drop the price of …
Shaun Nichols, 1 Sep 2017

VCs to Trump: Don't lock out our meal tickets! Save startup visas!

A gang of venture capital firms and startup funds has asked the Trump administration to save an immigration rule that allows foreign startup founders to come to the US in order to build their companies. Exactly 60 companies and organizations on Thursday signed a letter [PDF] asking the President to scrap plans to rescind the …
Shaun Nichols, 3 Aug 2017
Eiffel Tower at night with lightshow <a href="http://www.shutterstock.com/gallery-308986p1.html?cr=00&pl=edit-00">Brian Kinney</a> / <a href="http://www.shutterstock.com/editorial?cr=00&pl=edit-00">Shutterstock.com</a>

Microsoft throws its weight behind Parisian AI startup factory

Today, Microsoft announced that it'll be throwing its resources behind fledgling AI devs at a soon-to-launch startup space in Paris called Station F. Five initial companies will get a year's helping of Microsoft's "scientific, technological, and business expertise". By the end of the year, it hopes to have created an AI …
Andrew Silver, 20 Jun 2017

3D printing and drones are the tech del día at Spanish startup fiesta

Startup Olé 2017 Hardware tech and companies from across the world came together at the EU-backed Startup Olé conference in Salamanca, western Spain, last week. Roughly 150 startups had stands and 50 participating in different pitches during the well-attended two-day event in the historic university town. Similar events in the UK would be …
John Leyden, 2 May 2017
Orange juice squeezing

Hard-pressed Juicero boss defends $400 IoT juicer after squeezing $120m from investors

Meet this week's bonkers startup Juicero – the San Francisco maker of a $400 fruit juicer that's bagged $120m in funding from investors. The internet-connected gizmo has been dubbed the "Keurig for juice." Juicero founder Doug Evans went as far as comparing himself to Steve Jobs. There's just one little problem with Juicero's …
Shaun Nichols, 21 Apr 2017

Interest rate hikes to fuel bonfire of the Unicorns

Enterprise startups burning through cash while it's cheap will have to fire their sales teams to survive, according to channel analyst outfit Canalys' founder Steve Brazier. In his keynote to the firm’s Asia-Pacific Channel Forums bash in Macau, Brazier said enterprise startups have been able to grow global sales teams thanks …
Simon Sharwood, 26 Oct 2016

Who killed Cyanogen?

Analysis Does European Commissioner for Competition Margrethe Vestager's team pay close attention to the tech news? If not, perhaps they should. Last week there was barely a murmur after Cyanogen Inc scaled back its ambitions. “Throwing in the towel” may be harsh – but the Android software company said it would henceforth be trying to …
Andrew Orlowski, 19 Oct 2016

DIY storage startup: Tech, check. Techies, check... Er, credibility?

Part Four You need customers, but credibility too. One begets the other. But which comes first? We are now in the final, challenging chapter of early start up mode: of getting paying customers and leveraging them to your advantage in the world to gain more. As Tech 3.0 launches the dance for the B round starts. Everything here depends …
Trevor Pott, 17 Oct 2016
Man getting a facial. Not that kind of facial, you pervs. Photo by Shutterstock

Make yourself presentable, upstart: We're going out

Part Three You’ve got the talent, you’ve the idea for something that resembles a product. But, as Steve Jobs said "real artists ship", and art isn’t something that comes just like that. In this case we’re talking architecture, we’re talking tools, we’re talking interface and UI – not necessarily things you were thinking about were they? …
Trevor Pott, 10 Oct 2016
SAN DIEGO COMIC CON: July 20, 2016. A lifelike replica of Bryan Cranston's Breaking Bad character Walter White on display at the annual pop culture and comic book convention in San Diego, California. photo by Lauren Elizabeth/Shutteretsock - EDITORIAL USE ONLY AND MUST ATTRIBUTE AND LINK

Building your own storage startup: Whatever you do, don't let lead dev be CEO

Part Two You like the idea of “doing” a startup, but what about actually starting a startup? You can see the end point - success, hopefully - but what of the hoops and hurdles? In part one, I looked at funding, executives and staff. But now you’ve got the money and the people, what happens next? What about team composition and product …
Trevor Pott, 3 Oct 2016

How to build a storage startup

Part One You read The Register about people getting ahead with the most ridiculous startup ideas and ask: "Why that can't be you?" How is the game played? Well, let's design a storage startup from scratch and find out. I'm picking storage as the market for my hypothetical startup in part because I have worked closely with a number of …
Trevor Pott, 29 Sep 2016

Drones and alt energy tech star at Spanish start-up fiesta

Hardware tech such as drones and energy reclamation technology predominated at the Startup Ole conference in Salamanca, Spain last week. The two day event gathered 100 startups and more than 1,000 attendees to the historic University town in Western Spain. Similar events in the UK would be dominated by app developers or in …
John Leyden, 12 Sep 2016
lottery

Spinning that Brexit wheel: Regulation lotto for tech startups

The reality of running a new business or doing something innovative is that you're hunting for cracks and niches that others have not yet filled – spaces too small for the big girls and boys already in the market. And many of those niches are fragile, formed in part by chance, opportunistic spaces in the current markets and …
Man holding money

Tech upstarts to pocket up to $5m from crowd-fund suckers, er backers

A pair of newly passed bills in the US Congress will increase the amount of money tech startups can raise to cover their early expenses. The Fix Crowdfunding Act (HR 4855) and the Supporting America's Investors Act (HR 4854) will raise the limits on money that companies can gather through crowdsourcing and venture capital …
Shaun Nichols, 6 Jul 2016
Northern Ireland nature scene. Photo by Shutterstock.com

Ireland handed another $100m by Silicon Valley for startups' handout

The mad money bags at Silicon Valley Bank (SVB) have announced they will be throwing an additional $100m at Ireland's Strategic Investment Fund, doubling the bank's involvement in the nation's tech sector. SVB pledged its first $100m, to be paid over a five year period, back in 2012. While not notably different from most …

Lending Club CEO booted out for dodgy deals

The CEO of online money merchant Lending Club, Renaud Laplanche, has been fired, raising more questions over tech startups and how far from business norms - and the law - they have strayed in an effort to make money. Laplanche resigned this week after an internal investigation revealed the company - a lauded startup "unicorn" …
Kieren McCarthy, 10 May 2016

Rocky times for startups: Mutual funds devalue and VCs turn off money hose

Silicon Valley startups are facing a tough quarter as funders wait to see if a tech crash is on its way. Tech stocks have taken a battering this year, doing far worse than the overall market, and there have been numerous signs that the ludicrous over-valuations of tech companies – especially the so-called "unicorns" – are …
Kieren McCarthy, 11 Mar 2016

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