@Ljungman True. The same can be said for many other areas of Fintech that require a balance sheet. Technology cannot escape the basic principle of cost of capital
Eskom CEO Andre De Ruyter has survived a murder attempt at his office in Megawatt Park, where he drank a cup of coffee laced with cyanide.
https://t.co/55AnBmSX8b
@CathieDWood Public markets are gravity bc they are exit point for private. Most VCs in private mkts will simply take public mkt multiple. Disconnect will only be resolved with private mkt valuations coming down to meet public, not public mkt valuations rising to meet private
Years when @AllBlacks have lost to more than two international opponents, in ~120 years of playing:
1949: 🇿🇦 🇿🇼 🇦🇺
1999: 🇦🇺 🇫🇷 🇿🇦
2000: 🇦🇺 🇿🇦 🇫🇷
2021: 🇿🇦 ☘️ 🇫🇷
We can fire 100 #Eskom CEOs - won't change collapsing, ancient power plants & corruption-infected, delayed & terribly performing Medupi & Kusile. It has been a 15 yr slow motion car crash. One can stay angry without being repeatedly surprised or buying into imaginary quick fixes
The Government of South Africa is puzzled at the United Kingdom (UK)’s decision to keep South Africa on the red list of countries facing stringent restrictions and high costs when entering the UK.
@TWMCLtd What is your view of the possibility of South Africa being moved to Amber? Or a change in rules related to double vaccinated travellers travelling to red list countries?
@Jonathan_Witt That is wrong. I have been vaccinated by the NHS. The barcode / QR code of the specific vaccine certificate downloaded online expires (for authentication purposes) not the recognition of your covid vaccination status…. just download a new certificate once the barcode expires…
ELEVEN! years ago today.
Siphiwe Tshabalala sent a country into euphoria that kicked off a month-long party that we will never forget.
The matches. The people. The teams.
The once-in-a-lifetime experience.
Take me back.
Founder 1: Runs startup for five years. Sells for ~$100M. Makes $30M.
Founder 2: Running startup for ten years (and counting). Valued at ~$1B. Founder shares valued at $30M.
Which founder would you rather be?
/🧵
@pietviljoen A poor financial decision indeed, but a fantastic “investment” in your family! Can’t buy the memories, sense of spiritual roots, and lifelong emotional bonds shaped by such a property