Hearing last week of a recent investment by a British V.C. in one of our local start-ups was welcome news and raises the hope that this might become a trend-setting precedent.
The investor is early-stage investor
Permjot Valia, who some of us may remember meeting earlier this year when he spoke here in Cape Town at the Net Prophet conference.
He invested in local start-up
MYOWS, which stands for "My Original Works", a web site that enables freelancers and entrepreneurs to manage their copyrights.
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