Silicon Valley VC model doesn’t work in Africa, argues Silvertree Holdings man
27 July 2018
The Silicon Valley venture capital (VC) model doesn’t work in Africa and other emerging markets, argues Manuel Koser, the managing director and co-founder of Silvertree Internet Holdings.
The funder likes to refer to itself as a “investment growth partner” holding stakes for a longer period in those it invests in than your traditional seven to eight years that most VC funds do.
The fund counts Pricecheck.co.za, CompareGuru.co.za, Petheaven.co.za, Faithful-to-nature.co.za, Cybercellar.com, aumax.co, Ucook.co.za and CarZar.co.za among its investments.
Koser’s latest remarks — made in an emailed article to Ventureburn — follow those made in November last year by co-founder Paul Cook.