After two days of intense sessions on local marketing and commerce dynamics, we sit down with an enlightening and entertaining interview with VC and Shark Tank star in the show’s South Africa syndicate, Vinny Lingham. What happens behind the scenes and what are top investing trends?

Key Takeaways

Here are a few key messages or insights that we gleaned from this session.

• Behind the scenes on Shark Tank, all the “deals” closed in the show’s segments aren’t official… they’re subject to a subsequent diligence process. Only 30 percent of those actually close.
• Linham has since founded Waitroom. The company streamlines meetings, which is well timed for the age of post-Covid distributed work.
• The company records meetings and algorithmically synthesizes them into various summary formats, such as abridged video and notes.
• Besides macro factors that give this idea fertile ground, the emergence of conversational AI boosts its underlying capabilities. Chat GPT can be integrated for smarter meeting synthesis.
• The goal and value proposition are to offer executives a way to gain scarce and valuable time back, by streamlining an important, yet cumbersome, staple of business operations.
• Scaling this up to large organizations with more than 1000 employees, it can engender meaningful operational efficiencies and analytics.

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The Local Outlook for Web3 and Digital Currency

Vinny Lingham has built a powerful brand as a serial entrepreneur and television personality. While currently the founder and CEO of Waitroom, Vinny is also a renowned figure in the blockchain community as the chair and co-founder of Civic, which uses blockchain for decentralized identity verification. Don’t miss this wide-reaching, tech-forward conversation with a legendary entrepreneur.

Vinny Lingham, Waitroom