South African Roelof Botha, 48, will become the senior steward of the storied firm, according to a Twitter message from current chief Doug Leone.
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There are a couple of South Africans who are making their mark across the world. One of them is Sequoia Capital partner Roelof Botha, who has become something of a Silicon Valley superstar. Forbes recently named this South African as one of the
Most say the same thing. They came to the US either to avoid army conscription or apartheid itself in the late 1980s. They planned to stay for just a few years, but they stayed on. A quarter century later, this small generation of South African immigrants has risen to break through, en masse, into such key leadership roles that they’re changing the US. YouTube
Roelof Botha, the grandson of former South African foreign affairs minister Pik Botha, was closely involved in the funding of social networking site Tumblr, which Yahoo this week agreed to buy for US$1,1bn. Pretoria-born Botha, who served on Tumblr’s board of directors, was also a key role player in the $1,5bn, 2002 sale
The Democratic Alliance has challenged a public finance economist on his finding that the e-tolling system will not affect the poor. “The statement that toll fees on the Gauteng Freeway Improvement Project (GFIP) will only make the rich poorer and not hit the poor, cannot go unchallenged,” DA MPL Neil Campbell