Isnt it fascinating how some things need time to grow, mature, and truly flourish - even when the evidence of progress seems scant - while others must be swiftly deemed unworthy of further investment and decisively cut off?
VC Ponzigate?
In November 2019 I had the pleasure of hosting a spirited episode of the African Tech Roundup podcast titled, Is Venture Capital a Ponzi Scheme? with guest co-host Rushil Vallabh from Secha Capital.
Secha Capital is a South African growth capital impact firm that employs an operator-investor model and invests in traditional industries. Our conversation also featured Grant Phillips of PhilTech Consulting, who is now CEO of e4 Strategic.
At that time, Phillips was collaborating with Convergence Partners and Stockdale Street, the Oppenheimer Familys South African private equity firm, to curate strategic tech venture capital VC investments.
