I'm really stoked to see that my friend and Skyrove shareholder, Vinny Lingham, has just raised $5 million venture capital for Synthasite!
To put that in context: $5 million is almost R35 million.
This is by far the biggest Web 2.0 investment in South Africa to date and is even more significant considering that SynthaSite only launched into Beta two weeks ago.
The greatest thing about this is that it proves that anyone with a great idea and a lot of energy can launch a multimillion Rand business right here in South Africa. So if you have anything up your sleeve and happen to be graduating this year, say "no" to McKinsey/Accenture/Deloitte and start your own business!
1 comment:
This is a good encouragement for someone like me who is at least devoting extra 7 hours of work daily to make my own start-up. The idea is refreshingly original and hope it will succeed.
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