Wednesday, November 04, 2009

HBD Venture Capital

From their site:

HBD Venture Capital is a Cape Town based venture capital firm founded and wholly funded by African entrepreneur Mark Shuttleworth. Shuttleworth’s objective, when starting HBD in 2000, was to reinvest a portion of the funds received from the sale of his company, Thawte, into South African companies. This objective was driven by his belief that entrepreneurs in South Africa have the potential to start businesses with global impact.
We need more innovators like Mr Shuttleworth to do the same. Sustainable Venture Capital ecosystems have largely been built by those who were once successful entrepreneurs themselves.

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