After that I joined an Internet start-up and then returned to CNN as a business journalist.
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South Africa has yet to see an Internet start-up boom like that in America or Europe.
Having a designer or someone with some knowledge of design is a key part of a founding Internet start-up, said Garry Tan, designer-in-residence at Y Combinator and co-founder of blogging company Posterous.
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In a sea of random tchotchkes and general junk on the Internet, the start-up is examining the highly designed life and digging through the masses for you.
Many providers now offer free internet access with no start-up and no or low telephone costs.
Those seeking inspiration for the perfect pitch or prank might look at Itsthisforthat.com, which generates often absurd capsule descriptions of Internet start-ups by mashing up existing business concepts and buzzwords.
They make mortgages slightly cheaper, while mostly stifling truly private competition (though currently they are making it easier for start-up Internet lenders to take on the established banks, prompting the banks to lobby harder against them).
What is more, internet start-ups cannot just put up a clever website and hope that viral marketing will bring traffic their way.
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Tepco has also invested in Automated Power Exchange, an American start-up that runs Internet-based exchanges for trading electricity.
Then along came Netscape Communications, the Silicon Valley start-up founded by Internet guru Jim Clark and programming genius Marc Andreessen.
The start-up has been around the Asian Internet scene a lot longer than most of the companies now sprouting on the region's stock exchanges.
His start-up was not the first to offer Internet ordering and home delivery.
As well as WallStrip, Last.fm and MaxPreps, he bought a ragbag of other Internet businesses, including video site Joost and online advertising start-up SpotRunner.
Shareholders and boards badgered managers to build up their new-media divisions or buy into Internet start-ups.
Tax breaks for alternative power are good, short term, but remember: Once the Internet was up, eBay didn't need a tax break to start exploring the wealth of information and productivity out there.
This new concept, which would allow start-up companies to go directly to investors on the internet with little or no regulation or disclosure, is contained in the JOBS Act working its way through Congress.
The trend will only start to accelerate as more marketers who grew up in the Internet era push for it and specifically, tie it to key business objectives like driving incremental sales or lowering marketing costs.
Nonetheless, more and more Internet service providers are likely to start offering voice services as a way to try to hang on to dial-up customers and keep them from going to the cable or phone companies.
Ninja Blocks is an Australian start up that is developing the technology that allows anybody to monitor and control their homes remotely over the internet.
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Mr. Johnson spoke of his experience at Apple stores, told about the bumpy start at JCPenney including the need of having fair and square pricing, the need to fire up the Internet sales, which had fallen sharply due to the fact that at least 50% of sales were in home furnishing.
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