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TechCabal - Oct 24, 2023
SA startups returned $17 million in exit returns to investors in 2022
Exits in the South African ecosystem returned investors R318 million (~$17 million), representing a 3.8x return multiple on the R83 million (~$4.4 million) invested. The total number of losses incurred on exits was R80 million (~$4.2 million).