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Screw the startups, Africa needs more netrepreneurs

15 Jul 2013

It's the dream of any tech-person: come up with an idea or concept that you can build up and sell off for millions. Consider something as banal as Draw Something which only a few weeks after its release was sold to Zynga for US$180-million. Everyone wants the "Big Score".

Technology and App Development in South Africa, Nigeria and Kenya have pushed hard towards finding thing that will make venture capitalists and sponsors sit up and notice. Startups seem to be all about the quick get-in and get-out; lacking very little substance.

Incubators and think tanks have been set up across the continent to help young people develop their skills to compete on an international playing field. And it's not like it's impossible. Mark Shuttleworth did it when he sold Thawte for US$575-million.

But is it what we really need in Africa?

Continue reading the full story on www.ventureburn.com.

Source: Memeburn

Launched in April 2010 by Matthew Buckland, Memeburn is a news and opinion platform tracking tech culture, innovation and business. It plays particular attention to the web, mobile, social media, online media and social networking fields. Key opinion-leaders contribute to Memeburn, providing their insights on the online industry. Subscribe via email or RSS for regular updates. Follow memeburn on Twitter at @memeburn.

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