Jon Lubwama
Nov 27, 2023
What Do VCs Do?
Venture Capitalists, often referred to as VCs, play a pivotal role in the world of startups and entrepreneurship. They are essentially the fuel that powers the engine of innovation, providing the necessary capital for startups to grow and thrive. But what exactly do VCs do? How do they operate and what is their role in the broader business landscape? This article aims to shed light on these questions and provide a comprehensive overview of the role and functions of VCs.
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Jon Lubwama
Nov 22, 2023
Jon Lubwama
Nov 20, 2023
Startup Valuations are Nice, But Founders Should Focus on Users, Revenue, and Profitability or a Path to Profitability
In the world of startups, valuations are often the talk of the town. They are the shiny, glittering numbers that make headlines and turn heads. Valuations are nice, but they are not the be-all and end-all of a startup's success. In fact, they can sometimes be misleading and distracting. Instead, founders, particularly African founders, should focus on the better, more substantial aspects of their businesses: users, revenue, and profitability or a path to profitability.
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Jon Lubwama
Nov 17, 2023
The Importance of Keeping a Clean Captable for Startup Founders
In the world of startups, the term "captable" is often thrown around, but not everyone fully understands what it means or why it's so important. A captable, or capitalization table, is a spreadsheet or table that provides an analysis of a company's percentages of ownership, equity dilution, and value of equity in each round of investment by founders, investors, and other owners. It is a vital tool for startup founders, as it helps them understand the company's ownership structure and make informed decisions about future funding rounds.
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Jon Lubwama
Nov 16, 2023
Founders Need to Embrace Hand-to-Hand Combat in the Early Days of Building.
In the dynamic battlefield of entrepreneurship, the early stages of a startup can be likened to a metaphorical hand-to-hand combat. This analogy encapsulates the intense, immersive, and often grueling journey of building a business from scratch. It signifies the direct involvement, intimate interactions, and personal efforts required to surmount the myriad of challenges that arise. This article delves into the various arenas where the concept of "hand-to-hand combat" comes into play in the startup world.
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Jon Lubwama
Nov 14, 2023
Bridging the Gap: How More Women Can Secure Funding for Their Startups
In the world of entrepreneurship, women startup founders receive very little funding compared to their male counterparts. This disparity is not only alarming but also a significant hindrance to the growth and development of women-led businesses. Despite the increasing number of women venturing into entrepreneurship, the funding gap remains a significant challenge. This article delves into the extent of this problem, backed by data from reputable sources, and explores potential solutions to bridge this gap.
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Jon Lubwama
Nov 12, 2023
The Credit Opportunity in Africa.
Credit, in its simplest form, is the trust that allows one party to provide resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date. It is a fundamental pillar of modern economies, enabling individuals and businesses to make purchases or investments that they would not be able to afford upfront.
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Jon Lubwama
Nov 10, 2023
What Do VCs Look for in a Startup When Making Investment Decisions?
Venture capitalists (VCs) play a pivotal role in the startup ecosystem. They provide the much-needed capital to startups, enabling them to scale their operations, hire talent, and bring their innovative ideas to life. But what do VCs look for in startups? What are the key factors that influence their decision to invest? This article provides an in-depth analysis of what VCs look for in a startup before investing.
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Jon Lubwama
Nov 9, 2023
Understanding the Different Startup Investors.
Starting a startup is no small endeavour. It requires determination, dedication, creativity, and most importantly, funds. Funds are the lifeblood of any business. They are required in all stages of a business, from the inception phase, through the growth stage, and into the maturity stage. However, getting the necessary funds is not always an easy task. Often, entrepreneurs have to rely on investors to fill in the gap. In this article, we will delve deep into the different types of investors in startups, including angels, early-stage investors such as accelerator programs, venture builders, seed-stage investors, and growth-stage investors.
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Jon Lubwama
Nov 7, 2023
A Brief Overview of Ride Hailing in Africa.
Ride hailing or car hailing is a service that allows users to book rides and pay for car transportation services through a smartphone app. This service has revolutionized the transportation industry globally, providing a convenient and efficient way for people to get around. In Africa, several startups have ventured into the ride hailing business, creating a significant impact on the continent's transportation sector. This article will delve into the ride hailing business model in Africa, examining its profitability and sustainability.
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Jon Lubwama
Nov 2, 2023
The Startups using AI to Solve Some of Africa's Challenges.
Artificial Intelligence (AI) is a rapidly evolving field that is transforming various sectors globally, including Africa. AI refers to the simulation of human intelligence processes by machines, especially computer systems. These processes include learning, reasoning, problem-solving, perception, and language understanding. AI can disrupt many sectors like financial services, health, construction, and more, by automating tasks, improving efficiency, and providing insights from large amounts of data.In Africa, AI is being harnessed to solve some of the continent's most pressing challenges and to drive growth in various sectors.
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Jon Lubwama
Nov 1, 2023
Why did Egypt Become a Member of Africa's Startup Ecosystem Big 4?
The African startup ecosystem is a vibrant and dynamic space that has been gaining global attention in recent years. This ecosystem is dominated by the likes of Egypt, Nigeria, Kenya, and South Africa. However, for a long time, it was just Nigeria, Kenya, and South Africa that held the reins. These three were the dominant ones before Egypt joined in. But why did Egypt become a member of Africa's big 4?
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Jon Lubwama
Nov 1, 2023
The Offline Reality: 90% of the Work in Building a Startup
In the digital age, it's easy to assume that building a startup is all about creating the perfect app or website. However, the reality is that founders need to focus on building their startup offline. In fact, 90% of the work is done offline, while the remaining 10% is dedicated to building the tech which helps the startup to scale. This might seem counterintuitive in a world where technology is king, but the truth is that the most critical aspects of building a successful startup happen away from the computer screen.
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Jon Lubwama
Oct 28, 2023
The Story of Chipper Cash: An African Fintech Unicorn
In the world of financial technology, or fintech, the term 'unicorn' is used to describe a privately held startup company valued at over $1 billion. One such unicorn that has been making waves in the African fintech landscape is Chipper Cash. This cross-border payments platform has not only revolutionized the way Africans transact but has also put the continent on the global fintech map. This article delves into the history, founding story, founders, features, struggles, and markets of Chipper Cash.
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Jon Lubwama
Oct 28, 2023
The Resilience of African Founders: Doing More with Less
In the world of entrepreneurship, African founders are often overlooked, yet they are some of the most resilient and innovative entrepreneurs globally. They raise less capital than their Western counterparts but have to do more or have better metrics to even secure that funding. This is a testament to their tenacity, resourcefulness, and determination to succeed against all odds. This article will delve into the unique challenges African founders face, their resourcefulness in overcoming these hurdles, and the potential for growth in the African startup ecosystem.
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Jon Lubwama
Oct 26, 2023
African investors Shouldn't Overlook Francophone Africa
Africa, the second-largest continent in the world, is a diverse and dynamic region that has been attracting global investors for decades. However, there is a noticeable trend that most investors tend to focus on Anglophone Africa, leaving Francophone Africa largely untapped. This article aims to shed light on this phenomenon, explore the reasons behind it, and highlight the potential of Francophone Africa as a promising investment destination.
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Jon Lubwama
Oct 26, 2023
A Brief Overview of the Ethiopian Startup Ecosystem.
Ethiopia, a country located in the Horn of Africa, is a sleeping giant in the startup ecosystem. With a population of over 114 million people, it is the second most populous country in Africa. Its economy, the fastest growing in the region, is the seventh largest in Africa. These factors, coupled with a burgeoning middle class and a young, tech-savvy population, make Ethiopia a fertile ground for startups. This article provides an in-depth overview of the Ethiopian startup ecosystem, highlighting successful startups, innovation hubs, co-working spaces, accelerator programs, and the challenges of building a startup in Ethiopia.
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Jon Lubwama
Oct 26, 2023
The Most Promising Sectors in Africa: Beyond Fintech
Africa, the world's second-largest and second-most populous continent, is a land of immense potential and opportunities. The continent is experiencing a significant economic transformation, driven by rapid technological advancements and a burgeoning startup ecosystem. While fintech has been the dominant sector, attracting the lion's share of startup funding, several other sectors are showing promising growth and potential. This article aims to analyze the most promising sectors in Africa outside fintech.
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Jon Lubwama
Oct 26, 2023
Dissecting the Gender Gap: Why Female Founders Raise Less Funding Than Their Male Counterparts
The entrepreneurial landscape has been historically dominated by men, with women often facing significant barriers to entry. One of the most glaring disparities is the funding gap between male and female founders. Despite the increasing number of women venturing into entrepreneurship, they still raise significantly less funding than their male counterparts. This article aims to dissect that topic, using data to further illustrate the gender gap and explore the reasons behind this disparity.
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Jon Lubwama
Oct 26, 2023
Navigating the Funding Winter: A Comprehensive Guide for African Founders
The African startup ecosystem has been experiencing a significant surge in recent years, with numerous innovative businesses sprouting across the continent. However, one of the most significant challenges these startups face is securing adequate funding to scale their operations. This challenge is further exacerbated during a funding winter, a period characterized by a significant decrease in venture capital investments. During a funding winter, funding becomes very scarce, making it difficult for startups to secure the necessary capital to grow their businesses. This article aims to provide a comprehensive guide on what African founders should do to navigate this funding winter.
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Jon Lubwama
Oct 19, 2023
When is the Right Time to Build a Startup? A Deep Analysis
The question, "When is the right time to build a startup?" is one that has been asked by many aspiring entrepreneurs. The answer, however, is not as straightforward as one might think. It involves a deep analysis of various factors, including personal readiness, market conditions, and the availability of resources. This article aims to provide a comprehensive examination of these factors to help potential entrepreneurs determine the best time to launch their startups.
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Jon Lubwama
Oct 19, 2023
Key Traits of Successful Founders: A Focus on Young African Entrepreneurs
The African continent is currently experiencing a surge in entrepreneurial activities, with many young Africans building startups. This trend is driven by a combination of factors, including the continent's youthful population, increasing access to technology, and a growing recognition of entrepreneurship as a viable career path. However, building a successful startup is no easy feat. It requires a unique set of skills, traits, and attitudes. So, what are some of the key traits these founders need in order to succeed? This article delves into the essential characteristics that successful founders possess, with a particular focus on the burgeoning startup scene in Africa.
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Jon Lubwama
Oct 14, 2023
Jon Lubwama
Oct 14, 2023
The Dichotomy of E-commerce: A Comparative Analysis of Africa and the West
E-commerce, a term that has become synonymous with the modern era of digitalization, has transformed the way businesses operate globally. It has revolutionized the traditional brick-and-mortar model of conducting business, providing a platform for seamless transactions and interactions between buyers and sellers. However, the e-commerce landscape varies significantly across different regions, particularly between Africa and the West. This article aims to delve into the intricacies of e-commerce in these two regions, focusing on the challenges and opportunities that characterize each.
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Jon Lubwama
Oct 14, 2023
What Startup Ecosystems Can Rival the Big Four?
The African continent is a hotbed of innovation and entrepreneurship, with a vibrant startup ecosystem that is rapidly evolving. The continent's startup ecosystem is currently dominated by the big four: Nigeria, Kenya, South Africa, and Egypt. These countries have been at the forefront of the startup revolution in Africa, boasting a high number of successful startups, significant investment inflows, and a supportive regulatory environment. However, several other African countries are making a strong case to join this elite group. This article will delve into the startup ecosystems of Tunisia, Rwanda, Morocco, Ghana, Senegal, Uganda, and Tanzania, analyzing their potential to join the ranks of the big four.
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Jon Lubwama
Oct 14, 2023
Building Unicorns in Africa: A Comprehensive Guide
In the world of business and entrepreneurship, the term 'unicorn' has taken on a new meaning. It no longer refers to the mythical creature of lore, but to a privately held startup company valued at over $1 billion. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures. In the African context, the unicorn phenomenon is relatively new but rapidly growing, with companies like Wave Mobile Money, Interswitch, Flutterwave, Chipper Cash, MNT Halan, and Andela leading the charge. This article will delve into the journey of these African unicorns and explore what it takes to build a unicorn in Africa.
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Jon Lubwama
Oct 14, 2023
African Founders: Building Startups that Solve Primary Needs
The African startup ecosystem is experiencing a significant transformation. African founders are increasingly focusing on building startups that address primary needs, such as digital money transfer, healthcare, education, and agriculture. Unlike in the West, where these problems have already been solved, Africa presents a unique set of challenges that require innovative solutions. This article explores how African startups are solving these primary problems and the impact they are making on the continent.
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Jon Lubwama
Oct 14, 2023
Understanding the Concept of Funding Winter and Its Impact on African Startups
The term 'funding winter' is a phrase that has been increasingly used in the business world, particularly in the startup ecosystem. It refers to a period of financial downturn or economic recession when venture capital funding becomes scarce, and startups find it challenging to secure the necessary financial backing for their operations. This article aims to delve into the concept of a funding winter, its implications, and its specific impact on startups in Africa. It is also essential to note that the world has experienced two significant funding winters in recent history: the 2000 dot com crash and the 2008 financial crisis.
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