HILARY JOFFE: Look to India to create a vibrant venture capital sector
The country has all the right conditions to generate thousands of start-ups every year
Ask Ervin Tu what he thinks SA should do to create a more vibrant venture capital (VC) sector and his answer is essentially that it isn’t about capital.
He talks about how the engineers who came out of universities such as Stanford and Berkeley in California had ideas and launched new things, and because of the promise of those new things in a stable market with good infrastructure and discretionary income, capital followed...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.