• iPhone pricing

    Well no surprises from Vodafone with their iPhone pricing announcement.  I’m sure there will be lots of fuming punters out there.  It seems the basic patter is “New Zealand is expensive (cell-phone duopoly after all) and we’re just pricing the iPhone at the same rate as other high end phones…in New Zealand”. That said, the iPhone is obviously […]

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  • Successful web businesses – case studies

    I came accross http://www.startup-review.com/ the other day.  The site is a collection of case study type reviews on successful web based startups – written by Nissan Gabbay of Silicon Valley VC firm, Sierra Ventures. The site features weekly, in-depth case studies on successful (global) Internet start-ups. The companies profiled have achieved either: a) significant exits, b) large revenue, and/or […]

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  • Congratulations Team New Zealand – World champions of the 2008 Global Enterprise Challenge

    It’s great to see young New Zealand entrepreneurs succeeding on a global stage! Movac sponsors the Young Enterprise Scheme.  Below is the press release from the Enterprise New Zealand Trust. Late yesterday afternoon students from 15 countries submitted a three-minute video presentation and written business plans via web-link to a panel of international judges based […]

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  • Angel industry group established

    Angel Association New Zealand Media release 1 July 2008 Angel industry group established Angel investor groups have formed a new industry body – the Angel Association New Zealand – to advocate for and to promote best practice within the fastgrowing investment sector. The association’s members consist of 15 angel groups from around New Zealand. Andy […]

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  • Great educational articles for entrepreneurs

    Recently I picked up a book with the unlikely title – ‘Kauffman Thought book 2007’ intending only a quick and probably dismissive browse through the table of contents I discovered a chapter entitled Kauffman eVenturing.  Again a quick browse revealed that this chapter was effectively an advertisement for a website offering resources for entrepreneurs (http://eventuring.kauffman.org/).  Not just any resource […]

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  • Trade Me partners put $1.25m in Ebus

    The original TradeMe angel investment company Movac and TradeMe founder Sam Morgan have joined forces again to back ebus, a local film and television production software company that is set to tackle Asia. ebus has developed cutting edge software that allows production teams, creatives  and their clients to access and edit the same piece of […]

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  • R+D Tax Credits – No love for Software Developers

    I’ve had an opportunity to attend a few seminars on the R+D tax credit of late.  It doesn’t look like there’s going to be much love for software companies in this.  The credit is only to apply where something demonstrably novel has been created using a structured research process (NOTE: my interpretation, on what i’ve heard).  What […]

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  • 30x Returns

    At Movac we seek investment opportunities that have the potential to return 30 times (or more) our initial investment over a 5 to 7 year period.  Greedy buggers, i hear you say!  Well the reality is that this simply reflects the level of risk associated with working on start-up businesses.  Internationally its been shown that only […]

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