Fructose

2GO Boss, Marc Herson Says South African VCs Should “Co-opete”, Not Compete

By TC Jul 26, 2013

It’s not a typo, but we’re not sure if “co-opetition” qualifies as an actual word. No matter though, we get the idea that Marc Herson, CEO of 2GO and former VC partner at Hasso Plattner Ventures Africa is trying to pass across in this Venture Burn guest feature. Among other things, he says “when there are few deals – and a small market with limited exit opportunities – venture capital investors should be working more closely together not less so”.

South Africa needs patient ‘co-opetition’ between venture investorsA couple of weeks ago Ventureburn asked Marc Herson CEO of 2go what the South African startup tech ecosystem needed, especially its Venture Capital ecosystem. This ecosystem is quite young but it’s a very active one and people are getting excited about Africa.