Archives For February 2008

The future looks bright for tech-startups in South Africa. My friend Thomas Promny sent me the news via email before I saw it on Jens Kunaths Blog (who also lives in Cape Town half the year) today: Hasso Plattner Ventures did just setup an 30 million Euros Venture Capital fund "aimed at early stage companies, not those within the seed stage". This fits very well into my plans. I intend to invest some of the funds I got from selling gulli.com not only into my own south african projects (weather.co.za being only one of them) but also to help young entrepreneurs to startup their own online-based businesses. But being a seed capital / angel investor alone will not work if there is no infrastructure to support ventures that grow beyond that size and this could be where Hasso Plattner Ventures steps in.

sunsetMy company in Germany has a proven track record for building high-traffic customer-oriented Portals in various niches and we'll start using this experience help others to grow on the South African market as well... In March I'll be back in Cape Town and I hope to meet the first potential partners, though I'll mainly be there for some well-deserved vacation... :-)

I did just announce publicly that gulli.com - the website I started in 1998 - was sold for an undisclosed amount. I expect the new owner to keep the main features and start developing new exciting extensions for it's more than 600k registered members. Alexa says that gulli is one of the Top50 visited sites in Germany and Google Analytics counted more than 55.5 million pageviews from 9.8 million visits in January.

While I have to thank gulli for the existence of my company and an uncountable amount of experience and learnings I felt it's a good time to say good bye after ten years of hard work on a single internet project. I will keep all my employees, hire new staff, move into bigger offices and use our experience in the internet-technology, community-management and online-marketing markets to build new exciting projects primarily targeted to the german and south african markets.

I hope to give you more updates here on my blog that was just recently moved from the old bi-lingual gul.li domain name to the english-only randolf.jorberg.com Domain.