Tag: Michael Renzon
Founder-led growth hits a structural scaling constraint
South Africa’s founder-led tech ecosystem is deeper than it has ever been, but it is still structurally thin at scale. The most recent data tells a clear story. The Southern African Venture Capital and Private Equity Association 2025 VC Industry Survey recorded R13.35 billion in active venture capital investments across 1,325 deals. ICT accounted for nearly two-thirds of total deal value.
