The Ventureburn Startup Survey: uncovering the “true picture of the South African tech startup landscape”
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. 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.
Jacques Coetzee, who heads up Ventureburn says that the Ventureburn Startup Survey is packed with insights, from the shifting demographics of South Africa’s startup landscape to a reaffirmation in the belief that funding is a major challenge for most entrepreneurs. And that’s above other challenges listed like “not enough skilled technical staff” (12%), “too much red tape” (7%) and the “market being too small” (9%). For an overview of the findings, the Ventureburn infographic can be accessed here.