99% of companies aren't made to receive VC funding—And that's fine

Description

In this episode, Collins Gilbert, Associate, Platform & Networks Team, Ventures Platform Fund, discusses what venture capitals look out for in African tech startups before investing and how startups can position better for investments.

What's inside:

Full podcast episode. Here are some takeaways from the conversation:

  1. The market size and barrier of entry of a startup can affect VC attractiveness. Founders should target investors that align with their mission and understand the market they are building in.
  2. Because of the currency instability in Africa, VCs are now focusing on startups with revenue in FX.
  3. The debt needs of startups in Africa are increasing. This means there's a potential emergence of hybrid VC models with equity and debt in the space.

This resource is for:

  • African Founders
  • Entrepreneurs looking to build successful businesses
  • Startup advisors and ecosystem builders