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How to decide what type of investment is right for your tech startup

Salvatore Minetti, CEO and founder, Prospex.ai on how to decide what type of funding is best for your tech business.

The UK has established itself as one of the best countries in the world to start and grow a business. In fact, between 2012 and 2017 approximately 3.5 million new companies were founded across Britain.

There are several reasons for this boom in entrepreneurialism, but financial support has proven demonstrably important. Specifically, a combination of private sector investment coupled with public sector initiatives have helped nurture an environment where early stage businesses can secure vital capital to enable them to grow.

Entrepreneurs in the UK are fortunate to have a plethora of places to turn when looking to secure finance for their fledgling company. Yet despite all these options – or perhaps because of the vast number of choices now available – the task of raising investment can be daunting for a startup.

 

https://www.uktech.news/news/70647-20181002

 

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Consider These 3 Variables Before Expanding Your Business Internationally

Despite the fact that it has never been easier, a company’s international expansion still retains an exotic allure today. Wells Fargo’s International Business Indicator recently found that 60% of U.S. companies expect to increase international business development planning. It remains a goal, and then a milestone, for fast-growing successful businesses to expand beyond their native market and move into international territory.

Whether it’s San Francisco or Spain, launching in another location is one of the most challenging benchmarks an entrepreneur can experience. In the past year, we grew our company globally and we now have offices in London, New York, Barcelona, Dubai, and Santiago de Chile. Companies with truly global ambitions have probably seen a good degree of success at home, but I’ve observed a tendency among these organizations to lose control of their senses when moving overseas. Too often, companies seem to simply stick a pin in the map in order to locate their first international move or target the market du jour.

 

https://www.alleywatch.com/2018/10/consider-these-3-variables-before-expanding-your-business-internationally/

 

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SoftBank Vision Fund said to eye investment in Chinese education startup

Selina Wang October 2, 2018

SoftBank Vision Fund is seeking to invest about $500 million in China’s Zuoyebang as it seeks a stake in the country’s vast online education market, people familiar with the matter said. The fund, created by SoftBank Group Corp., and Zuoyebang are still finalizing terms of the deal and the details could still change, the people said, asking not to be identified as the details are private. The education technology startup has already raised more than $500 million in funding from investors including Coatue Management, Goldman Sachs Group Inc., Sequoia Capital China and GGV Capital. Founded in 2014 by Chinese search giant Baidu Inc., Zuoyebang targets primary and secondary school students in China. The company, which was spun out from Baidu a year later, created a mobile app that lets students upload homework questions and search for answers. Zuoyebang has also expanded into live-streaming courses and one-on-one mentoring, with a reported 300 million registered users.

Read more at: https://www.dealstreetasia.com/stories/softbank-chinese-education-startup-107817/?utm_source=DealStreetAsia%3A+The+Daily+Brief&utm_campaign=735fde82e4-EMAIL_CAMPAIGN_2018_10_02_01_02&utm_medium=email&utm_term=0_0fa50e40c1-735fde82e4-246561397&mc_cid=735fde82e4&mc_eid=bba68709e3