Dude I am extremely impressed. I’ve never seen someone who is so naturally and fluidly nuanced. We need more people like this.

This is the best episode for me yet. Great talk. love it.

it is interesting when they talk about African entrepreneurs it is only around Nigerian, YC need a hub on the ground but great interview

@just_norm

9 ай бұрын

Thanks Henri! Ended up being a pretty Nigeria-centric conversation because we were doing it with Microtraction. But if you look at YC's portfolio I do think it's becoming a bit more geographically diverse in the region - its last batch (3 companies) included one in Nairobi + one in Kinshasha.

@aberba

Ай бұрын

I think the population of Nigeria seems to give the impression that it's a potentially strong market. Not sure how that reflects reality on the ground vs other smaller population countries on the motherland. I think PPP is a better metric

Great interview!

the reason why Africa wont be able to follow in the entrepreneurial path of Israel, India, Brazil and Eastern Europe is because Africa is a massive fucking continent and each individual country needs to be treated like a totally different business environment. Unfortunately, Africans themselves love to do the "one Africa" thing (which is okay for military alliances) but considering how internally fractured societies in Africa are (genocides still happening), its better if each nation distances itself from its neighbor when attracting capital and technology. Otherwise, startups failing in Nigeria will take down all the rest of Africa with them.

@just_norm

9 ай бұрын

The challenge many companies find is that sub-scale markets compel them to expand across the region. Good founders are well aware of the difference between different countries, but especially to attract capital they may need to enter into new markets in spite of the differences.

@aberba

Ай бұрын

Genocide/wars happening on a bigger scale in Europe, middle east, Asia and Israel so not sure what this is about. Overall death numbers are higher in the West...be it gun violence or whatever. Africa doesn't have integration of financial and trade systems and that's still being developed. With that said, countries like Ghana, Nigeria, Kenya, South Africa, Rwanda, among are few are very open for business. They just aren't integrated because the existing banks and institutions never seriously bothered to make it happen. That's what fintechs and other modern startups are solving.

@astridrenguila938

4 күн бұрын

You didn't need to use slurs.

@brucenelsonmuchengeti5174

2 күн бұрын

come on USA is Literally continent size

One African in the room discussing the investment in a continent feels disingenuous

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