Hermann decided to start an online platform to make it easy for production companies, ad agencies, and brands to book models and actors and people willing to work part-time. What started as an idea in Cape Town in March 2017 is now an innovative tech business with operations in New York, Cape Town, and Johannesburg.
Through its automated agency, WeCast is offering people jobs which pay anywhere between R1,000 to R300,000 per day, of which the company takes 20%. This business model suits ad agencies, production houses, and users, which is the reason for the company’s rapid growth. It now has over 21,000 users and is growing at roughly 10% month-on-month.
WeCast is aiming to generate $120 million (R1.7 billion) in net revenue by 2028, and to realise this growth it needs a strong presence in the United States and Europe. This is why Hermann and Miller moved to New York. They are now growing their footprint in the United States and are courting investors who can help to take the business to the next level.
More info at https://mybroadband.co.za/news/business/333500-the-tech-start-up-from-cape-town-taking-on-new-york.html
#movies The tech start-up from Cape Town taking on New York
WeCast co-founders Jaryd Hermann and Stuart Miller are ready to conquer the world – here is their story.