Can Skinny Sbu Socks Be Saved?

What happens when an entrepreneur demands R5m on national television?


Sibusiso Ngwenya, founder of Skinny Sbu Socks, has made headlines recently for a number of reasons and I talk to two venture capitalists about their impressions of his behaviour. They also share the five things they believe he must do to save his business.

We talk:

  • So-called “Celebrity Entrepreneurs”
  • Why a successful brand would need R5m
  • Entrepreneurial burnout
  • The five things he needs to do to do to save the business
  • and more.

Don’t miss this #AskAnExpert conversation.

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Polo Leteka CEO IDF Capital Gareth Armstrong Podcast Expert

Polo Leteka Radebe

CEO of IDF Capital

Ms. Polo Leteka Radebe serves as the Chief Executive Officer of IDF SME Fund. Ms. Radebe is Founding Shareholder and Chief Executive Officer at Identity Capital Partners (Pty) Limited.

She served as Chief Director for BEE at the Department of Trade and Industry. Ms. Radebe serves as a Director of South African Venture Capital Association.


Clive Butkow CEO Kalon Venture Partners Expert AskAnExpert Podcast Gareth Armstrong

Clive Butkow

CEO of Kalon Venture Partners

Clive is the former Chief Operating Officer (COO) of Accenture South Africa, and has 28 years management consulting experience.

Clive joined Arthur Anderson in 1985 (now Accenture) after graduating from the University of the Witwatersrand with a B.Sc. degree in Computer Science and Applied Mathematics. Clive joined Grovest, section 12J venture capital company in 2012, as a non- executive director.

In 2016, Clive formed a new venture capital company, Kalon Venture Partners, focusing on investing in digital disruptive technologies.