White men in the Western Cape are South Africa’s most successful start-up founders.
That is according to the Ventureburn Tech Startup Survey.
The survey shows that black start-ups are struggling.
The good news, however, is there’s a surge in black entrepreneurs.
Also, Gauteng is catching up with the Cape as South Africa’s start-up hub.
Other interesting facts from the survey are that white start-up founders are much older than their black counterparts, and that black women are far more likely to run a start-up than white women.
The Money Show’s Bruce Whitfield interviewed Ventureburn Editor Stephen Timm.
Listen to the interview in the audio below.
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