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> And remember, they were a bunch of nobodies based out of South Africa when that happened.

Hard disagree - they weren't nobodies, Naspers was already a media juggernaut by 2001 (print and TV). Naspers was founded in 1915 (as De Nasionale Pers Beperkt - National Press) to promote Afrikaner Nationalism in the aftermath of the Anglo-Boer war. One of Naspers founders was also the founding president of the National Party (you might know them from their hit - Apartheid) and the mutually-beneficial, cozy arrangement between the NP and Nasionale Pers lasted until the very end of the Apartheid government in 1992.




Ja true, but don't we Saffers all wish we bought more Naspers on the JSE before their gamble on Tencent.


A bit ironic that the “nationalists” made their money from a Chinese company though…


Nationalists always like each other, it's not like China is asking SA to marry a chinese girl for each yuan invested...


Especially not, since China suffers from disparity with much greater number of boys than girls.


>Apartheid

Sure, but it did gain significant market share and had a massive ROI for many decades for anyone on the profitable side of it. For raging racists & (white) sociopaths, it wasn't so bad.




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