Start-ups win as European VC Industry loses
Where the European venture capital industry shows signs of being hit by the global economic slowdown, start-ups defy the crunch.
According to Dow Jones’ Quarterly European Venture Capital Report, the amount European venture capitalists invested in the first half of 2008 fell to € 858 million, or 167 deals. This is a 35% drop from the €1.33 billion invested in 286 deals over the same period last year. Read more
Sarah Palin: ‘Obama lives in la-la land.’
Alaska Governor Sarah Palin has been nominated as the running mate and vice-president for McCain.
An old fragment on you tube shows her at work making comments like ‘Senator Obama is living in la-la land’, and ‘Senator McCain is wrong on the energy issue, but right on a lot of other issues.’
Listen to the last part where Larry Kudlow asks her whether she would consider to be the vice-president. There she expresses that the Republican Party is long overdue to nominate a woman for vice-president.
Internet women feature in Forbes’ most powerful list
Three internet women feature in Forbes.com’s list of the 100 most powerful women in the world, published this week.
Forbes’ annual list is composed by measuring ‘power’ as the combination of a woman’s public profile, calculated using press mentions, and financial ‘weight’. The financial component of the ranking considers job title and past career accomplishments, as well as the amount of money the woman controls. ‘Forbes considers that a chief executive controls the revenue of her business, while a head of state controls the country’s gross domestic product. The list is therefore a mix of politicians and businesswomen.
The internet women the list includes are:
# 20 Marjorie Scardino, Chief Executive, Pearson PLC
Michelle Obama’s online presence

The latest weapon in the online campaign of Barack Obama is his own wife Michelle, as testify the thousands of hits she gets on youtube with the speech she made at the Democratic Convention in Denver this week.
She may have been the subject to a lot of criticism, with her remark in Wisconsin about the first time she was proud of America, a remark that, undoubtedly unintentionally, became big on the Internet.
But, it has to be said, she has come a long way from the woman she was last year to the business-minded lady she is now. And one that knows how to enthral the media, whether it is on television or on the internet.
Join us at PICNIC
Thenextwomen is proud to be part of this year’s PICNIC event in Amsterdam. The three-day conference, taking place from 24-26 September, will see us host a breakfast and organise a brainstorm camp.
And because we would like to share this event with our network, we can offer all our contacts a 10 % discount on any PICNIC ticket of their choice.
See our events section for the discount code and for information on registration.
See you in Amsterdam!
DEMO or TECHCRUNCH50?
According to an article in the International Herald Tribune, the Startup Conference DEMO, of CEO Chris Shipley, faces competition from the new conference Techcrunch50 of founder Michael Arrington.
In both conferences, startup companies can present their business to a crowd of investors and journalists. In DEMO however, startups need to pay $18,500 to do so. At Techcrunch only startups who have not been selected for the official presentations, but want to exhibit, need to pay $10,000.
book: the princessa
Do you want to be Machiavelli, or Machiavella? by Harriet Rubin
A prince, according to Machiavelli, is a man among men, a canny fighter, who takes what he wants out of life. The prince represents honour, whereas the notion of ‘princess’ has been a term of derision. Until now.
As Harriet Rubin puts forward in her book, ‘The Princessa, Machiavelli for women’, a princessa is the woman among women. Someone who understands that the ally of loving is fierce, that confrontation is the ally of peace and that bravery is the alley of vulnerability.
Female Heroes Interview: Estelle Akofio-Sowah
Every week we will be publishing an interview with one of our female internet heroes in order for you to MEET interesting women. READ about their WORK, THINK about how they PLAY the internet industry and see how you MATCH them. Be inspired! thenextwomen is proud to feature African Internet Hero Estelle Akofio-Sowah this week.
‘I live in a world where you cannot take anything for granted. What is technology when your toilets are not flushing and you have customers needing running water. What is technology then?’ says Estelle Akofio-Sowah, Managing Director of business centre Busy in Ghana.
Established in 2001, BusyInternet is the largest privately-owned and operated ICT centre in Africa. Through Busy, Estelle tries to encourage both business and social development.
BusyInternet has been hailed as a promising model for Africa by combining internet access, business support services, office space, training and business incubation in a single facility.
Estelle gave thenextwomen insight into the internet sector in Ghana and how she is encouraging social development and business growth through it, while reminding us of the luxurious position people are in the Western world, to have the time and infrastructure to use the internet to the fullest. Read more
Irish awards
Dublin City Enterprise Board has launched a 2008 DCEB Female Entrepreneur Award.
Dublin City Enterprise Board invites applications from members of the Enterprise Network for Women to enter for this year’s competition.
The Dublin Board will accept nominations for two prizes: the first prize (a Perpetual Trophy + €500 cash + €500 DCEB voucher + certificate) will be awarded to a business that has made the most progress – in terms of development and growth – over the past 12 months and the second (or Rising Star) prize (€500 DCEB voucher + Certificate) will be awarded to a newcomer in business, on the basis of originality, clarity and business potential.
female internet heroes in Inc. fastgrowing companies list
Business magazine Inc. has identified the 10 fastest growing women-owned and run US companies. The publication is an attempt to illustrate the major impact women are having on the US economy.
According to Inc. nearly 10.4 million firms are owned by women, employing more than 12.8 million people, and generating $1.9 trillion in sales in 2004.
Interestingly, their top 10 features 4 women who run internet, computer and software technology related businesses:
No 1. Zorch. Nicole Loftus. Read more









