“For many South African SMEs [venture capital] remains theoretical,” VC and co-founder of VC firm, Knife Capital, Keet Van Zyl wrote in an article for SME South Africa.

VC firms invest in early-stage, emerging SMEs with high growth potential in exchange for minority equity ownership.

Despite some advances in the country’s entrepreneurship ecosystem, venture capital investors (VCs) continue to be something of a mystery to many entrepreneurs.

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