In 2016, Africa Internet Group (Jumia’s former parent company) raised $493 million at a $1 billion valuation making it Africa’s first tech unicorn. Jumia comprises 10 businesses (sharing the brand name) spread across 23 African nations. The company which launched in 2012, generated about $234 million in revenue in 2015, a 265% increase from the […]
The pitch doesn’t matter, a good business speaks for itself, right? Wrong.
Here are the 4 truths that no one ever tells you about raising capital.
Hint: People over ideas.
There are no shortcuts to success. For too many entrepreneurs, this is what the idea of a startup incubator has become.
Dis gon be gud.