Four young scientists, accompanied by Eskom Expo’s Business Manager, Mmamoloko Rancia Riba, won their place to represent the country at the Indonesia competition, renowned…
The startup curve South Africa: wiggles of realism
It is sometimes too easy to dish out titbits of startup advice from a venture capital ivory tower without going through the practical realities of executing a business plan, but pattern recognition could close some expectation gaps.
As Paul Graham pointed out in his version of the Startup Curve, while many people think startups are smoothly up and to the right all the time, the path to success is more of a roller coaster ride. Because of a fragile startup ecosystem in South Africa, startups here have additional challenges to overcome. An adaptation of the Startup Curve reflects the typical path of a local startup’s wild ride through the wiggles of realism from idea phase to becoming a sustainable venture. So let’s go!
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