Legacy, facilitating romance between investor and South African startups
Legazy returned to the 2017 Web Summit after having attempted to purchase a Web Summit conference in 2016 with $1million USD letter of intent. Legazy founded by Zuko Tisani one of the world’s top 350 entrepreneurs under the age of 26, according to the Kairos Society, arrived in Lisbon with Africa’s largest TMT company Telkom and their executives prepared to purchase a Web Summit conference to be hosted in South Africa for the next 3-years.
The deal went cold when both parties couldn’t come to an agreement on the numbers. Zuko’s relationship with Web Summit began earlier that year when he attended the Rise conference in Hong Kong and with platinum band was treated to Web Summit’s hospitality and had dinner discussions with the founder of Web Summit Paddy Cosgrave and other tech giants Dave McClure from 500 Startups. It was at dinner where the offer of $1million USD was given to Zuko.
Instead of giving up on the hopes of bringing the tech world to Africa, Legazy pivoted and took the largest African delegation to the tech world. …read more