Your SlideShare is downloading. ×
  • Like
Altconf  - Financing Startups
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.


Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Altconf - Financing Startups


The Financing gap for tech startups in South Africa and how we can solve it... and startups as the solution to upliftment

The Financing gap for tech startups in South Africa and how we can solve it... and startups as the solution to upliftment

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads


Total Views
On SlideShare
From Embeds
Number of Embeds



Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

    No notes for slide


  • 1. Startup Financing The Financing Gap & Solution for South Africa justin spratt – 4 July 2009
  • 2. South Africa SA has…. Great people Right Culture Great ideas Enough money So what is the problem?
  • 3. Context: Recession • Global mainly • U versus V • SA should be out be early 2010 • But 3.5% growth wont solve our problems!
  • 4. Context: Poor Fundamentals • Government wont solve our problems • Enablement can help • Intervention by private business is critical
  • 5. The Good News • Michael Porter & Cluster Theory • Examples: • Bangalore • Silicon Valley • Detroit • Wall Street • Rwanda • Venice
  • 6. “All we need is deal flow for VC and Angel to start working… I am coming back soon to help with this” Vinny Lingham, June 2009
  • 7. Finance Continuum
  • 8. ISLabs – Germination • Water-cooler chats… gazillion ideas • IS has some of the smartest people • We are best equipped private enterprise to help tech
  • 9. The Idea: A Mashup Angel great, but we don’t have $ Incubator best model for IS Y- Combinator Google Projects Summer of Code
  • 10. Y-Combinator: Successes • Loopt (2005), mobile social networking, on all the major U.S. carrier networks • Scribd (2006), a Web-based document publisher, partnered with Random House • Xobni (2006), an e-mail software maker, was demoed by Bill Gates, a $20 million buyout offer • Weebly (2007), a website authoring toolmaker, 1-million-users mark • Omnisio (2008), an online video annotator, acquired last year by Google, circa $15 million
  • 11. Google Projects: Successes
  • 12. Thanks!