3 valuable lessons from a successful startup exit in South Africa

Long ago in a world far, far away (Cape Town, 2010), I started and ran a group buying website. Yes, I was taken in by the amazing allure of Groupon, the “fastest growing company in the world“. Little did I realise growing too fast was not actually a positive.

Nevertheless, I was hooked and put together a small team that would launch a site and start selling deals within a month. It took us just over four weeks to put up our first deal, selling 42 spa vouchers. We were elated. UbuntuDeal was live and trading.

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