This week we bring you yet another special podcast edition, as the Burn team delve into the results of the recent Ventureburn Startup Survey.
Stuart Thomas together with Jacques Coetzee, Graham van der Made and Andy Walker chat about some of the interesting findings, from most founders being based in the Western Cape to service-orientated startups more likely turing profits and little benefits offering to employees.
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The Ventureburn Startup Survey partnered with First National Bank (FNB), investment advisory firm Clifftop Colony and analytics company Qurio to poll just under 200 tech startups from South Africa. Each of the startups were asked 42 questions, ranging from funding, the profile of their founders, to their revenues and the everyday challenges they face.
The survey defines a tech startup as a company with annual revenues below R20-million, and staff numbers of anywhere between 1 and 100. The survey sample size assumes a population of 5 000 tech startups in South Africa, with a 95% confidence level and a seven percent margin of error.
More information on the Ventureburn Startup Survey:
No surprise: funding the biggest hurdle for SA’s startups
What do South Africa’s startup founders look like, and what drives them?
Working for SA startups may be exciting, but not at all that glamorous
Go big or go home: most SA startups need to scale fast to survive
SA startup industry: all the stats and numbers you need to know [infographic]
Ventureburn Startup Survey: the full results [Slideshare]
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