IntenseDebate - VinnyLingham

16 years ago @ Michael Hyatt Blog - The Perfect Moment · 0 replies · +1 points

Thanks for the recommendation. Although you may have wept silently - I read this book and bawled my eyes on - the person next to me thought I was crazy. This book changed my life in many ways, some I have yet to fully understand. Thank you!

16 years ago @ Vinny Lingham's Blog - Endeavor Keynote: Reid... · 0 replies · +1 points

Thanks Terrence - it's all about building community at a grassroots level. Eventually, you get to the tipping point. How is your mag coming along?

17 years ago @ Vinny Lingham's Blog - Endeavor Entrepreneur ... · 0 replies · +1 points

Hey BE - I'm still very much involved with Endeavor - great organization - exceptionally valuable. I've really enjoyed being a part of it!

17 years ago @ Vinny Lingham's Blog - The Silicon Cape · 0 replies · +1 points

Hey Bengo

We haven't published an official plan, but we have discussed publicly that we're selling domain names (which we're already doing), and will launch template sales (for more unique styles) as well as other premium services in the near future - stay tuned!

17 years ago @ Vinny Lingham's Blog - The Silicon Cape · 0 replies · +1 points

Hey Ben,

We have about only 3 "official" VC firms in Cape Town that would even consider investing in web startups. So there is a huge opportunity there - I know of a large number of startups that need capital and I've been really trying to spot the winners and help them and as a result I've invested in a small number of startups - let's see how it goes.

17 years ago @ Vinny Lingham's Blog - The Silicon Cape · 0 replies · +1 points

Hey Bengo. It's really difficult to explain. For instance, in South Africa, if you have bad credit, up until a few years ago, you could not get a bank account - AT ALL!! It's ludicrous. There is no bankruptcy protection either - so if you fail at business, you generally lose you shirt... What makes America really strong is the believe that people can learn from their mistakes and get stronger from them. As Venture Capital grows in South Africa - I feel that people will begin to learn from their mistakes, given that 3-4/10 investments usually fail...

17 years ago @ Vinny Lingham's Blog - The Silicon Cape · 0 replies · +1 points

Thanks Giles! Happy New Year to you too!!

I couldn't agree with you more - and we've certainly been on the ropes in respect to raising capital in South Africa!!

I'm extremely optimistic about South Africa. We need a couple of big success stories, a few heroes, faster bandwidth, and as a natural result, the capital will flow.

One of the other major issues, is a lack of focus - too many people spreading our few skills too thin - too many areas of attention. We need VC's that are focused on driving investment in certain niche areas - my view is that we need to gear up skills in the consumer web application space - something I hope that I can drive when I eventually come home!

17 years ago @ Vinny Lingham's Blog - The Silicon Cape · 0 replies · +1 points

Hey John Most companies are now forced to hit cashflow breakeven asap - growth will be secondary. The market does not value growth, it values ROI at the moment. V

17 years ago @ Vinny Lingham's Blog - The Silicon Cape · 0 replies · +1 points

Thanks Andrea. We're on the same page as usual. I look forward to seeing what this year will produce out of the Silicon Cape!

17 years ago @ Vinny Lingham's Blog - Hard times are coming ... · 0 replies · +1 points

Hey Henry. Absolutely. We're already selling (lots of) domain names at $14.95/year. It's part of our basic offering - more to come pretty soon!

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