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South Africa first with new Feastfox appFeastfox, a spontaneous dining-out app, which recently launched in South Africa aims to take the hassle out of last minute restaurant hunting and booking. After successfully raising R2.3m from Silicon Valley-based angels and VC firms, co-founder and Cape Town born Stuart Murless chose South Africa and specifically Cape Town's CBD to launch the app. We got in touch to find out why, and more for #InnovationMonth.
For now, our focus is on the Cape Town launch only. However, given the location of our investors, we plan to expand to the United States in the next few years, after proving the concept in South Africa. ![]() Stuart Murless
Through our relationships in the European and US startup scenes, we hope to become great ambassadors of the Cape Town tech ecosystem. Hopefully, in the future other international companies will follow our lead and enter South Africa as their first market creating jobs and contributing to the economic growth of the country.
The restaurants need to apply to be involved in the platform and our team thoroughly reviews each application. As mentioned above, we need to ensure that every restaurant lives up to our customer's expectations and hence a highly curated platform. The restaurants don’t pay any monthly fees but rather pay a small fixed fee per customer we bring in. They are thus only paying us when we fill tables and provide them with value. ![]()
![]() First, when it comes to decision making try to rely on data, not on intuitions or gut feeling. In many organisations, decisions are made based on the HIPPO - the highest paid person’s opinion. This can be dangerous and might severely limit a venture’s potential. At Feastfox, we use data for almost every decision - including the smallest things, like the color or the shape of a button. Second, be persistent. For example, when we decided to fundraise in Silicon Valley, very few people thought we could raise capital for a South African launch. However, we proved that it can be done and persistence played a key role in achieving this. People will say NO to you every day, you just need to keep going. Last but not least, build a culture that you would want to work in. We believe that in problem-solving, there is no hierarchy and we encourage everyone to speak their mind and challenge ideas no matter where they come from. This openness is coupled with an ownership culture in which every single permanent employee owns a share of the company. We believe this is the only way to build a thriving team and make people feel appreciated and heard. The Feastfox app is available for iOS and Android. www.feastfox.com About Ruth CooperRuth is the production manager at Bizcommunity. ruth@bizcommunity.com View my profile and articles... |