HBD - Venture Capital / Media Office


	1 2 3 4 5 HBD in the News Groundwork for attracting funds for business The Times, 13 June 2007 Having a good idea for a business is one thing. But researching the idea and packaging it so that it attracts funding is another. Read more... South Africa: Venturing Into Virgin Territory Business in Africa, 07 June 2007 If you're wondering why, given South Africa's hotbed of small entrepreneurs, there's so little funding activity, look no further than the poor rate of graduation from informal to formal business. Read more... Venture capital's pay-off Cape Business News, 25 June 2007 DURBANVILLE-based, HBD Venture Capital, founded by Mark Shuttleworth in 2000, last month sold one of its investments Red Five Labs (smartphone software developers) to Fedgroup. Read more... Shuttleworth VC firm strikes it rich Kimberly Guest ITWeb, 16 May 2007 Mark Shuttleworth's venture capital firm HBD has sold its 23% stake in Red Five Labs to Fedgroup, for R3.5 million. Read more... Spotting the cellphone software gap Business iafrica.com, 15 May 2007 SA's reputation as a world class telecommunications developer has been highlighted, with the creation and sale of Red Five Labs, a company which spotted the huge gap between two separate cellphone software developers. Read more... HBD hits pay dirt with first venture Lesley Stones Business Day, 17 May 2007 Venture capitalists at the investment fund launched by internet billionaire Mark Shuttleworth have sold off one of their investments and pocketed a 200% return on their cash. Read more... HBD Venture Capital announces first profitable sale Computer Business Review, May 2007 HBD Venture Capital announced today that it had sold one of its investments, Red Five Labs, smartphone software developers, to Fedgroup. Read more... HBD Hits Pay Dirt With First Venture Lesley Stones Business Day, 17 May 2007 VENTURE capitalists at the investment fund launched by internet billionaire Mark Shuttleworth have sold off one of their investments and pocketed a 200% return on their cash. Read more... Shuttleworth VC firm strikes it rich Kimberly Guest My digital life, 17 May 2007 HBD has sold its stake in a mobile technology start-up company to Fedgroup, for double its investment. Read more... SA Internet startup gets Shuttleworth cheque IOL Technology, 05 February 2007 Cape Town - incuBeta, Internet marketing pioneers, have received the first R15-million installment from a new R25-million investment. Read more... 1 2 3 4 5		Julia Long