Unicorns-Backed Norrsken22 Bets on Africa s Fintech Boom bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Tyme investor says African startups are becoming too attractive to ignore news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
A global slowdown in startup investing may mean that startups looking to raise growth-stage capital will meet stiffer headwinds. On the other hand, more money looks poised to flow to early-stage deals as the big venture capital firms like Tiger Global move to pick younger companies potentially firing up valuations at earlier stages. So the problem may not be a dearth of capital. But with so much money expected to shift from late-stage companies to younger firms, will Africa’s early-stage investors be able to stay disciplined and not optimize for just getting allocations?