Why entrepreneurs don’t sell to listed companies anymore
The JSE of today reminds me of a hotel under lockdown rules. The infrastructure is there, but the utilisation is low and very few people are making new bookings. The long-standing guests are getting tired of empty swimming pools and boring games nights and are checking out in search of greener pastures. New listings on the JSE are becoming more …
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Car dealerships: adapt or die
It’s not often that an entire market gets disrupted. We’ve seen this happen in the past few years in the motor retail industry and I think the biggest changes are still to come. Disruption doesn’t happen overnight. Even in the tech space, it takes a while. In traditional industries, it can take a decade or more. WeBuyCars (WBC) has managed …
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Car dealerships: adapt or die
It’s not often that an entire market gets disrupted. We’ve seen this happen in the past few years in the motor retail industry and I think the biggest changes are still to come. Disruption doesn’t happen overnight. Even in the tech space, it takes a while. In traditional industries, it can take a decade or more. WeBuyCars (WBC) has managed …
View Post
Car dealerships: adapt or die
It’s not often that an entire market gets disrupted. We’ve seen this happen in the past few years in the motor retail industry and I think the biggest changes are still to come. Disruption doesn’t happen overnight. Even in the tech space, it takes a while. In traditional industries, it can take a decade or more. WeBuyCars (WBC) has managed …
View Post
Car dealerships: adapt or die
It’s not often that an entire market gets disrupted. We’ve seen this happen in the past few years in the motor retail industry and I think the biggest changes are still to come. Disruption doesn’t happen overnight. Even in the tech space, it takes a while. In traditional industries, it can take a decade or more. WeBuyCars (WBC) has managed …
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Naspers blocked from buying WeBuyCars
Naspers is a giant – the company is worth over R1.1tn (yes, trillion)! To give you an idea of how enormous that number is, that’s only slightly less than the total taxes collected by SARS in the 2019 financial year. Amongst a zillion other things, Naspers owns AutoTrader and OLX. Back in September 2018, they announced an intention to acquire …
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