Startups
High-flying or grounded?
Your startup needs to be grounded in reality, says a local veteran.
01 September 2010
There are two extremes of the many ways to start a high-tech company: slowly and cautiously over a period of years, or rapidly with the aid of millions in investment. Neil Hinrichsen has done both: his company Realtime was started in a converted warehouse and grew slowly, eventually being bought by Datatec in 1997; Fundamo, a mobile payments service that he co-founded in 1999, exploded from a good idea to a global business in just a few months with the backing of some large investors during the dot-com boom.
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