Lipisha is a Kenyan company that uses various platforms to automate mobile payments, allowing businesses to collect, automate and integrate payments from customers and clients using mobile money. One of these platforms was Safaricom’s M-Pesa, at least until November 12th, when access was cut off for BitPesa, for whom Safaricom explicitly asked Lipisha not to […]
The desired end result of the dance performed by a founder and an investor is for the founder to get the investor to believe in her/him, and provide the funding required to develop her/his product to the extent he is able to attract sufficient business for both founder and investor to be financially rewarded.
In this post, I’ll be highlighting a few documents you a startup should have, and why they need those documents. These documents are what we lawyers would say are sine qua non to your existence as a startup, which is simply lawyer speak for essential, an absolute requirement, important, vital, crucial, etc
From my experience as a startup lawyer, one of the greatest deficiencies I have found among Nigerian founders is the absence of a vesting arrangement.
It is no exaggeration when a founders relationship is likened to a marriage and as it is with marriages, it is important you get it right.
Karma CAMA is the law which strikes erring business entities or enables law abiding ones in Nigeria.