A Tech Founder’s Rebirth: What is a Second-Time Founder?
9 out of every 10 start-ups fail globally. With a statistic like that, it is almost impossible to build a career as a first-time founder. This strengthens the idea of 2nd-time founders being a near-mandatory part of any tech founder’s journey. In Africa, it has trapped a lot of founders between a rock and a hard place, as 2nd-time founders may be trusted more because of their experience; however, on the other hand, we have seen a trend on the continent of founders not being afforded the grace to fail with the possibility of finding investment again. Ultimately, this dilemma has seen many people come up with their own definitions of a 2nd-time founder, based on where they feel they have had a total rebuild or reset of their career. So, what is a 2nd-time founder? In the final episode of season 2- Thulani, Kopano and Bubu shed light on the definition of a 2nd-time founder, while reflecting on their own journey and whether or not they consider themselves 2nd-time founders. What are the expectations that are placed on a 2nd-time founder? Why the hype around them? Is it ideal to have the experience of a failed start-up, or does it taint your reputation, particularly in Africa? Tune in to find out more on this episode of Unicorn: brought to you by Engage Africa Media!