Vinny Lingham has had two big hits in the last couple weeks. Just a week ago, in the midst of this down economy where web apps are dying every day, he managed to pull out a second round of funding for Synthasite worth $20 million. That’s a lot of money in a good economy, in a down one it’s huge.
Today, he was announced as one of the World Economic Forum – Young Global Leaders for this year. The others joining him from the Bay Area include the likes of Zuckerberg (Facebook). There have been others from Africa (full list), and it’s quite a group to be associated with.
Vinny is proving to be a great example of the type of tech entrepreneur that Africa creates. My hope is that he continues to be a resounding success in the global market, thereby bringing more investors and businesses hunting for real investment opportunities, not just looking to give handouts.