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Tshegofatso Masenya's 2-Minute Taste-Test On Crowdfunding

Before you get stuck into the recipe, test your skills in this supa quick 10-step assessment below. Then, try again at the end to see your improvement. 

Click below to begin the assessment.

Start

Question 1 of 10

What problem was Tshegofatso trying to solve in varsity?

A

The exorbitant costs for students to store their bar fridges over the holidays.

B

The fact that you had to sell a kidney to afford student housing.

C

Medical students having to choose between eating and affording textbooks.

Question 2 of 10

What inspired Tshegofatso to start her business ‘GoShare’?

A

She wanted to help students access funding opportunities for their own businesses.

B

She wanted to help students raise funds to attain a tertiary education.

C

She wanted to help students share their content and go viral online.

Question 3 of 10

How did Tshegofatso fund her business?

A

Crowdfunding and offering private equity.

B

Angel funding from her community church.

C

Bootstrapping and grant funding.

Question 4 of 10

How does Tshegofatso describe balancing her time between studies and her business?

A

It’s difficult but she’s doing it!

B

It’s doable if she only sleeps two hours a night.

C

Balance? What is that?

Question 5 of 10

What is reward-based crowdfunding?

A

When you give away shares in your business in exchange for funding.

B

When you give something in return for donations.

C

There's a card involved and you accumulate points that you can redeem later.

Question 6 of 10

What did the GoShare team do before they built the crowdfunding platform?

A

They pitched the idea to investors and DJ Sbu.

B

They tested an MVP in the market.

C

They used another crowdfunding platform to raise funds to build theirs.

Question 7 of 10

How did Tshegofatso build the GoShare crowdfunding platform? 

A

She found a technical team that she could trust.

B

She learned how to code from YouTube.

C

She used an existing open-source solution.

Question 8 of 10

What is an essential component of a great crowdfunding campaign?

A

A solid business idea.

B

Friends in high places.

C

Honest and authentic storytelling.

Question 9 of 10

How can you rally people towards your crowdfunding campaign?

A

Is it even a campaign if it's not on Tiktok?

B

Continuously communicate with the people who are backing you.

C

Freebies bring everyone to the yard.

Question 10 of 10

Why does GoShare want to develop its platform even further?

A

To allow students to create their own crowdfunding campaigns.

B

Mula, baby! To attract more investors and eventually sell the company.

C

To restrict access so only students can use it.

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