Listen "Ep.038 - African VC and the justified and unjustified optimism surrounding it"
Episode Synopsis
The African VC space - like almost all others around the world - will see a general decline in 2023, due to monetary policy changes. But did the industry have solid fundamentals to begin with prior to the effects of these changes? Does the overwhelming presence of multilateral organisations and development finance institutions as investors in the space suggest that it did not? And if not, into what state is it likely to bounce back? In this episode we deeply question Africa’s VC industry with Mark Kleyner, the co-founder of Dream VC, which is an accelerator for existing and aspiring investors in Africa that is aiming to professionalise the space. From the data and Mark’s experience, we cover topics that often go unmentioned including the professionalism and readiness of African and foreign investors in the region, the justified and unjustified optimism surrounding the industry, and the prevailing politics, ideologies and media narratives that are actually holding the ecosystem back. ----------------------------------Follow Dream VCWebsiteDream VC's - junior LIVC ProgramDream VC's - flagship IA ProgramDream VC’s - Linkedin / Twitter Follow Mark KleynerMark’s - LinkedIn / Twitter Follow Mustard!Instagram: http://bit.ly/3KRsERuLinkedIn: http://bit.ly/41ifJxATwitter: http://bit.ly/3GAjEhc
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