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All posts tagged "silicon cape"

  • Geeks on a Plane dinner details SA startup ecosystem

    The Geeks on a Plane (GOAP) dinner hosted by Wesgro and Silicon Cape provided many insights into the investment landscape in SA and Africa. The dinner also consisted of a panel discussion with Zoona's CFO, Keith Davis and investors Monica Brand Engel of Quona Capital and co-founder and CEO of Rippleworks, Dough Galen. Speaking at the dinner, was co-founder of Silicon Cape and 4Di Capital, Justin Stanford who spoke on his experience in Silicon Valley and his reason for starting Silicon Cape. He explained to the GOAP cohort and other attendees that his main takeaway from his time in the Valley was...

  • Geeks on a Plane: A night out in Cape Town

    Wesgro in partnership with Silicon Cape hosted The Geeks on a Plane dinner in Cape Town last night in honour of the participants of the initiative. The planned speakers for the evening consisted of the CEO of Wesgro, Tim Harris; director of Silicon Cape, Alexandra Fraser; MD of 4di Justin Stanford; CFO of Zoona, Keith Davis and investors Monica Brand Engel and Doug Galen. In Harris' opening remarks, he touched on the significance of what Geeks on a Plane is trying to achieve. "What you’ve done as geeks on a plane, is gone to see for yourself," referring to the misconceptions people usually...

  • Funding your startup: Ventureburn lists the SA investors that are delivering

    For entrepreneurs wanting to find early-stage funding, this is the article for you. As there is generally a veil of secrecy surrounding funding and startups, there is often smoke and mirrors in the industry, with many claiming to be "investors".  Ventureburn has sifted through the South African landscape and brought you the investors that are putting the money where their mouths are, and investing in the startup industry. Make sure to keep checking back on this article. We will constantly be updating it with new funds as the startup space grows in South Africa. Also, with your comments and suggestions we hope...

  • 11 ways to spot a big-time Silicon Cape startup guy

    You can spot a big-time Silicon Cape guy or gal from a mile away. And it just so happens that we here at Ventureburn have seen our fair share of them. Whether it's the copious amount of skinny lattes, the regular fireside chats at tech conferences or just constantly debating whether or not South Africa's Cape Town is really the next Silicon Valley, we know who you are. If you're new to the South African startup scene, below are a couple of ways you can spot a big-time Silicon Cape startup guy: 1. Write blog posts on how Cape Town is...

  • Micro-internship startup Mintor wins #PitchVinny pitching competition

    Micro-internship startup Mintor walked away as winner of the Silicon Cape pitching competition #PitchVinny. The event, which was held in Cape Town on Monday, saw three startups pitching to renowned South African angel investor and serial entrepreneur Vinny Lingham. Mintor co-founder Leànne Viviers described her startup as an online platform that connected students with internships or -- as she described it -- micro-internships. "Micro-internships enable businesses to access low-risk and affordable skills," Viviers told Lingham in front of an audience of a few dozen industry enthusiasts. "There’s a unique opportunity to address the skills gap," she added. To date, Mintor has facilitated a total of 10 "mintorships"....

  • Cape Town rising: the natural ground for tech entrepreneurs?

    A decade ago, no one in South Africa knew what the terms angel and tech startups meant. People were progressively adjusting to a new democracy led by the awe-inspiring Nelson Mandela. The government’s focus was on breaking down the barriers of racism and apartheid, not investing in risky ventures. But some individuals, like Justin Stanford and Vinny Lingham, anticipated the tech wave. We spoke to Stanford, 31, who explained to us how this dynamic duo set up the entrepreneurial ecosystem in South Africa. A self-made man, Stanford dropped out of high school to come to Cape Town and become an Internet...

  • Silicon Cape appoints Daniel Guasco as new head

    Former CEO of Groupon SA Daniel Guasco has been appointed to lead the South African tech entrepreneur network, Silicon Cape. Together with Wayne Gosling, Guasco is most known for starting day-of-the-deal site Twangoo in 2010 which was soon after bought out by Groupon USA. The pair has since their departure from Groupon last year been active Angels and business advisors with investments in startups such as WumDrop and Ekaya. Guasco is now taking over from Alexandra Fraser as chairperson of the initiative. CEO and founder of consulting firm Stone Tree, Fraser has led Silicon Cape through some major milestones, with the...

  • Cape Town will never be Silicon Valley, and that’s a good thing

    As an American tech journalist who transplanted herself to Cape Town a year and a half ago, I get asked one question all the time: how do we compare to Silicon Valley? Now that I’ve travelled to Africa’s main tech hubs, interviewed dozens of entrepreneurs, tech execs, and investors and founded my own startup, CodeX, to train 100 000 coders in the next decade, I’m going to come out and say it. There is no comparison. So stop making it. But before you give up hope on our tech ecosystem, read on. The Valley is a singular, unique, once-in-a-universe phenomenon; a machine...

  • Making millionaires: the developers who won big in Gyft’s Silicon Valley exit

    "Gyft was mostly built out of Cape Town," Vinny Lingham told the audience at a recent Silicon Cape event where a big funding announcement was made. The announcement was hailed as the financial commitment that would change everything for the Western Cape's startup ecosystem. But the ecosystem is already changing. It began changing when the early stage employees of Gyft found out about the startup's exit worth more than US$50-million. Why? Because the developers based in Cape Town were given share options in the company. Five out of eight of Gyft's developers are South African and are all founding members of...

  • Silicon Cape gets over R3m in funding from FNB, big changes to come

    South African-based entrepreneurial initiative Silicon Cape has just announced that it has received more than R3-million worth of funding from First National Bank (FNB). This announcement certainly means big things for the initiative and the ecosystem as a whole. Founded in 2009 by Venture Capitalist Justin Stanford and entrepreneur Vinny Lingham, the Silicon Cape has been running as support structure and galvaniser for the tech ecosystem in Cape Town. "We have had a longterm relationship with FNB," says Alex Fraser the outgoing chair of the Silicon Cape. "They funded our first big event. FNB has seen the value of what we...