Go, Teddy, go!
Croatian Teddy the Guardian has just came back from the Consumer Electronics Show and it already brought some good news – the startup raised a seed round of $400.000 and generated $716.000 in preorders. If you wondered when it will be available for sale – don’t worry, your new smart and fuzzy friend could be in your home this spring.
For many education seems to be a very traditional sector dominated by government authorities and traditional educational institutions and a sector with few opportunities for entrepreneurs. Although this may be partially true, this sector can provide some very interesting opportunities for business since all aspects of our life – work, social interactions etc. are now being more and more digitized.
Singularity University opens applications:
I love the start-up spirit and how the digital realm offers opportunities to anyone with a great idea regardless of their background and location. Though having had the opportunity to work with a number of start-ups over the years, I can’t help but reflect on the areas I feel most start-ups overlooked, time and again. Don’t get me wrong; some start-ups do get it right from the start, and are the ones that usually succeed, but they are few and far between based on my experiences to date.
Some people say that accepting an investment from an outside investor is like getting married. It is true that you might spend more time with your investor than with your wife. If that is so, signing of a term sheet is like getting engaged. How often do you see couples starting a happy relationship by having a long argument? Just keep that in mind when you will be negotiating the term sheet.
The winner: DeviceHub
Term Sheet Guide
What are the terms you will encounter while raising seed investment and what do they mean for your startup?
We usually don’t write about ongoing crowdfunding campaigns at Netokracija CEE, but we just had to introduce you to Walpie, a very groovy cat that wants to take YOU out for a walk. Wait, what…? Yes, you will ask that question often, throughout the whole article, because this campaign is a bit… Different. Why a cat, not a dog? Why crowdfunding? Who is the mysterious Mr MITS? We have (almost) all the answers!