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Play the pain away? To curb the use of pain meds, a research team is trying something new: A pain relief game. No meds, just you, a computer and a brainwave-monitoring headset. Donโ€™t discount it, though: The first round of clinical trials went well, and theyโ€™re progressing to the next stage. ๐ŸŽฎ

In this Open Letter:

  • Fast-tracked: The startup helping 1 million students pass the year.

  • Seeing monkeys, a R36 million payday & DStv pivoting to sports only?

  • SME growth capital, voicenotes into posts & your own web trend scout.

  • Did you know this local mobile mechanic startup? The results are in.

  • Lonely building your startup? Join The Founder Collab and get support.

Thanks to todayโ€™s partner, bizval, for its support in keeping this newsletter free and independent.

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bizvalโ€™s data shows that startups growing at 25โ€“35% are getting 3X higher exit values than those growing at 50% or more.ย 

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โœ… R63m avg. valuation at 25โ€“35% growth vs. just R18m at 50%
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TRENDING NOW

Can This Startup Help 1 Million Students Pass?

This Tuesday deep dive examines the impact of leaning into AI-assisted study (instead of fighting it), introducing a local startup working to change how SA students learn...

AI has become the most popular student on campus โ€“ from ChatGPT essays to projects built by Copilot, universities around the country are still trying to figure out how to deal with students using AI.

Detection tools like GPTZero can only get you so far when you have over 1 million papers to check โ€“ SA has 1 million+ students in university or college, any given year. But the real question should be: Why are universities looking so punitively at AI instead of using it to bolster learning?

People in the real world use AI all the time โ€“ the adoption rate of AI is nearly double that of PCs and the internet when they first appeared. And the sheer academic power of AI in academia is already evident: OpenAIโ€™s GPT-4 scored 75% in the US bar exam shortly after its release (7% higher than the human average).

So, isnโ€™t it time we embraced AI in education instead of fighting it?

Letโ€™s face it. Thereโ€™s at least some truth to this.

Students are taking all sorts of strain

While institutions are focusing on the rules, students are focused on survival โ€“ in SA, 50% and 60% of students drop out of their first year at university. And some interpretations of Stats SAโ€™s 2017 data claim that having a bachelorโ€™s degree in SA means as much as a 330% increase in salary.

Getting that piece of paper is thus paramount. So what do students do?

  • They form WhatsApp groups to trade notesย 

  • They buy summaries from friends

  • They cram

  • They wing it.ย 

And, increasingly, they turn to AI. Not to cheat, but to cope.

The local player helping students win at coursework

BAG Learning is a local AI platform designed to meet students where theyโ€™re actually at โ€“ by leaning into AI-assisted study.

Students upload their lecture materials (textbooks, slides, readings), and BAG Learning generates tailored study notes, quizzes, flashcards, and study plans based on their goals and available time. Soโ€ฆ

  • the โ€œCrammerโ€ gets you the essentials

  • the โ€œStriverโ€ hits the mid-tier

  • and the โ€œCum-laudeโ€ version goes deeper for students aiming to ace their exams.

Because students upload their own materials, BAG Learning isnโ€™t reselling copyrighted university content. It acts more like a digital tutor, taking what the student already has and helping them understand it in a way that sticks.

Behind the revolution

The idea came from BAG Learning founder Brett Geyserโ€™s own experience at Stellenbosch University: Juggling part-time jobs and microbusinesses to pay for his degree, skipping lectures, finding notes where he could, and using ChatGPT to try to pull it all together.

In his final year, he used just 18 pages of AI-generated notes (distilled from a 1โ€™200+ page textbook and additional resources) to study for his toughest economics module. It was the only time he passed with distinction.

That lived experience has fuelled the vision. BAG Learning isnโ€™t trying to replace universities. Itโ€™s trying to fill the gap between whatโ€™s taught and what students actually retain. And itโ€™s going straight to the students themselves.

For now, BAG Learning is still early โ€“ theyโ€™ve launched their MVP, signed up early users and are preparing for a second development sprint.ย 

We love that AI doesnโ€™t have to be a threat to institutions โ€“ it can be a valuable support system for the students they serve. Weโ€™re watching this space.

IN SHORT

A few quick ones to fire off at the water coolerโ€ฆ

๐Ÿš€ Boosting ZA tech learnings. Local tech academy WeThinkCode has landed a cool R35.94 million in funding from Google to expand its Artificial Intelligence (AI) training programs. WeThinkCode identifies young people with a high aptitude for coding and then places them in a 16-month training program before placing them at leading SA tech companies. Lekker, man.

๐Ÿ™ˆ Monkey see. Monkey do. Neuralink is getting closer to helping blind people see with its brain implant, Blindsight, reportedly helping a monkey see something that wasn't there. The device stimulated areas of a monkeyโ€™s brain associated with vision, and at least two-thirds of the time, the monkey moved its eyes toward something researchers were trying to trick the brain into visualising. Crazy. Cool, but crazy.

๐ŸŒณ Clean green. South Africa has been selected as one of seven developing nations to take part in a new $1-billion global investment programme that provides concessional finance for projects that reduce industrial greenhouse gas emissions. The programme was launched by the World Bankโ€™s Climate Investment Funds (CIF) with Brazil, Egypt, Mexico, Namibia, South Africa, Tรผrkiye, and Uzbekistan taking part. Nice one.

๐Ÿ‰ Finally. DStv is strongly considering caving to consumer demands to be able to pick their own packages, tailor-made to their interests, with sports-only packages high up on the list. This comes off the back of reports that they haemorrhaged 3 million subs in just 2 years. Theyโ€™ve also quietly been trialling weekly subscriptions in Uganda. Just wondering if itโ€™s too little, too lateโ€ฆ

๐Ÿšš Big moves. SA furniture removals platform Wise Move has just hit 100โ€™000 users โ€” and theyโ€™re not stopping there. The platform has now partnered with Gumtree, meaning if you buy a couch, car, or caravan online, Wise Move can deliver it straight to your door. No fuss, no heavy lifting. Intriguingโ€ฆ

๐Ÿ˜Ž The Stack. Founders need tools and suppliers they can trust. Check out our Founderโ€™s Stack with all your tech recruitment streamlined and automated by Offerzen, zero-monthly-fee bank accounts and business loans in 4 minutes from Lula, plus loads more vital startup tools & services.

FOUNDERโ€™S CORNER

3 Tips for Business Builders

Brought to you by Lula โ€” Fast, simple business funding

Are you an SME who needs funding? Join this webinar this coming Wednesday at 10:00 to explore different strategies to scale smarter. Lulaโ€™s CGO will unpack what โ€œready for fundingโ€ really looks like โ€” plus youโ€™ll hear from a founder who did it and scaled. RSVP here.

Looking to grow your business? Scale Up Your Business with Confidence is a Cape Town event happening 26 June that brings together real stories and practical insights from founders and experts. Hear how Daniel Pretorius built 4wks, learn team leadership strategies from Helene Smuts of Credo Growth, and explore how Xero can help you make smarter financial decisions. Itโ€™s a focused morning designed to help you scale with clarity and confidence. Get free tickets here.

Forget Google Alerts. Yutori just launched โ€œScoutsโ€ โ€” personal AI agents that monitor the internet 24/7 for whatever you care about: investors, RFPs, funding rounds, competitors. They find it. They summarise it. They email you. Itโ€™s like an AI chief-of-staff in your inbox. Get on the waitlist.

BUILDING TOGETHER

Happening over at The Founder Collab

In the last few days alone, in our online network, weโ€ฆ

20 June 12:00 โ€” Operationalising AI Masterclass: Learn how to deploy AI to power productivity across multiple layers of your business, with OfferZenโ€™s VP of Product, Stephen van der Heijden.

27 June 12:00 โ€” Business Value Masterclass: Come get the inside track on strategies to increase your businessโ€™s value, straight from the experts with Graham Stephen from bizval.

11 July 12:00 โ€” Business Automation Masterclass: Come learn how to automate your entire business from day one with Theunis Duminy from the automation pros at Vertiqal.

Thinking about joining The Founder Collab?

  • Supercharge your network in the SA startup landscape โ€” get that introduction, get that customer, or meet that partner.

  • Get feedback on your products, services and/or offers from others who have built and are building their own products right now.

  • Join all our online and in-person events for free!

  • Exclusive 1-on-1 sessions with startup consultants.

SAโ€™s only dedicated tech startup and scale-up founder network.

WHAT YOU SAID

Keep on rollingโ€ฆ

Last Friday, we gave you 4 fictional SA startups and a real one, and most people recognised mobile mechanics Fixxrโ€ฆ

๐ŸŸจโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ”ง MechMate: live video consults with mechanics. (10%)

โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿงฐ WaazeDraave: Automated diagnostics. (7%)

๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ ๐Ÿ› ๏ธ Fixxr: Book a mobile mechanic to your door. (62%)

โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿš— PitStopper ZA: Oil changes and car washes at local malls. (7%)

๐ŸŸจโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‘‹ RoadBuddy: Stay-awake video chats for long trips. (14%)

Your 2 centsโ€ฆ

โ

โ€œI'm going to have to learn the Rubik's cube first date POV off by heart for reasons.โ€

Andersen

Better hurry, Andersen, that Rubikโ€™s robotโ€™s already halfway through its second date. ๐ŸŽฒ

ICYMI: We featured a Rubikโ€™s cube-solving robot last Fast-Five Friday.

HOW DID WE DO?

BEFORE YOU GO

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Until next time,
Elvorne, Renier & Jason