He Strykes, He Scores! Stryking Entertainment GmbH strikes again starring in Red Herring's TOP 100 European Award
Stryking and its Daily Fantasy Football platform Football-Stars have been selected as a finalist for Red Herring’s Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region. During the months leading up to the announcement, Red Herring reviewed over 1,200 companies in the telecommunications, security, cloud, software, hardware, biotech, mobile and other industries that completed their submissions to qualify for the award. The nominees are evaluated on 20 main quantitative and qualitative criterions, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries. The finalists are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam, April 24-26, 2017.
Forbes.com - "How do I get a return on my investment?” - Flip the 75-25 percent rule on due diligence to focus on supporting exits
Dusan Stojanovic diverges from the traditional practice of spending 75 percent of the time on due diligence and 25 percent on an exit. He flips the ratio and spends only 25 percent of the time on due diligence and 75 percent of the time working on the exit. How does this work? He's already well-versed in his industry, so he can quickly weed out startups he feels won't have a chance of succeeding. He also spends a tremendous amount of time in one-on-one networking meetings with company merger and acquisition representatives, employees who work on corporate ventures, and chief innovation officers to understand what they think and to create strong relationships. He understands who the potential customers are and what companies might be interested in an eventual acquisition.
Reuters.com - Secondary markets booming! Congrats to the industry, Sharespost and its CEO Greg Brogger
MatchMove.com - Singapore, 14 November 2016 – Bluzelle, a fast growing distributed ledger technology (DLT) platform which works across different blockchain protocols, today announced a strategic partnership with MatchMove to build a next-generation global B2B payments network focused on seamless, secure, fast and cost-effective commercial transactions.
Stryking.com - EURO 2016 finals just finished and the next Bundesliga season kicks-off! Football-Stars are ready for the 54th Bundesliga season, which began last week with the opening match of Bayern München vs. Werder Bremen. Germany’s biggest news and entertainment portal, BILD.de, launched the BILD Challenge. Here, each week users have the chance to win their favourite team jerseys. The cooperation is planned for the entire season and will take place on every match day.
bountysource.com - Congrats to Warren Konkel and David Rappo, another milestone reached! Now 34,000 open source member developers in the community!
The most exiting piece of news comes here. The company has decided to make public its investor KPIs in a very transparent way. Developers, companies, customers, investors and anyone else interested in the marketplace can now see how the company is doing in real time.
The product Salt, which is a Roman expression for salary, is aimed at giving open source developers a decent remuneration for their work. The number of active teams is growing quickly and now there are 80 paid teams. These teams are paid by contributors. The commitments to support them are paid monthly. The product had a beta version during 2015 and was fully launched in the fall of 2015. For more info seehttps://www.bountysource.com/stats
The other business line is the bounties. IBM loves the bounty program and is recommending the service to other corporates. Thanks David Edelsohn for all your support. IBM has spent roughly 250 000 USD on its bounty program. The bounty hunter (the open source developer) who has gained most of the money has made 72 000 USD. For more info: https://www.bountysource.com/teams/ibm
The best piece of news comes at the end. Warren and David are applying Bountysource to Bountysource. The whole project is opensource and Bountysource is one of the 80 paid teams. While the revenue they collect on transactions pays the bills and keeps the service alive, it does not provide much room for improvement. They have launched a Salt campaign to address some of their immediate needs, including:
The first objective of 500 dollars contributed which would equal to half a days work for the month was immediately reached. The next one is 1000 dollars, which means 1 full day of work during a month.
For more info and if you want to contribute go to:https://salt.bountysource.com/teams/bountysource
TGV Portfolio Stryking releases new daily fantasy sports platform "Football-Stars“ right to the EURO 2016 in early June
Football-Stars.com - Beweise dein Können als Fußball-Fachmann in Football-Stars und tritt gegen andere Spieler an. Stelle das beste Team auf, gewinne Challenges und löse Stars für coole Preise ein!
www.finextra.com - New payment technology is transforming financial systems by allowing direct bank-to-bank settlements in real time, even for international transfers.