The end of 2022 was grim, to say the least, for South African entrepreneur Eldrid Jordaan.
As a torrid year drew to a close, he was counting the million dollar cost of giving world tech giant Meta a bloody nose; meanwhile his mothers health was fading and Jordaan himself ended up a patient in a Cape Town cardiac high-care unit.
It was all too much for Jordaan. He resigned, sold his shares and walked away from South African-based tech company GovTech the outfit he had founded in 2015 and launched in 2018, with the help of R10m from an angel investor.
It was a sad moment, he says.
Less than two years on, at the age of 46, older and wiser, Jordaan is back with a bang. He is raising millions in Europe for his new tech company Suppple and has equally abundant ambitions with plans to buy up data centres in Africa. Night turned to day in less than two years and Jordaan is loving it.
