|#477 MWAVC| — Sunday Reads 🗞️🗞️
Hi,
Welcome to MWAVC, a newsletter about finance, investing, venture capital and all that jazz. My name is Ato (more about me here) and I try to write every single day. Most of it is stuff I find interesting that I’d like to share and hear your thoughts on. If you’d like to sign up, you can do so here. Or just read on.
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The 10 YC Companies (S21) I’d Invest In: This guy has been active active. Hope his portfolio is doing well though.
CAN AFRICA LEAPFROG TOWARDS OPEN BANKING?: The Future Is Uncertain — Yet The Future Is Cloud
M-Pesa and the African Fintech Revolution: Not the full founding story, but sure, this works :)
Managing your expectations as an Angel Investor via Syndicates: Very good reading for anyone new to the game.
What 54gene actually does and why you should care, as told by COO, Delali Attipoe: And look out for Yemaachi Biotech coming up soon.
A Nigerian oil palm startup raised $4 million to build a “smart” factory: Big congratulations to the bros at Releaf
Unicorns are becoming less rare globally and in Africa too: As the world moves, so we follow.
How offline agent networks are driving Africa's digital development: I think I’ve posted this already but there’s more and more companies I see coming out whose business models rest on having strong agent networks. Good luck to all.
I’ve had dinner with Jay-Z, but is it worth passing on $500,000?: Take the money, folks.
The world’s biggest VCs are now vying for stakes in Nigeria’s tech sector: Ecosystem needs to grow, but not without creating wealth for everyone on ground.
Kenya hasn’t figured out how to put its local founders first: To break the cycle of favoritism and white privilege, Kenya’s tech ecosystem needs to back itself with money and self-belief.
Sign up to my cousin Yasbo’s newsletter, ChopLife Express btw AND listen to her podcast, Savings or Current. She’s already been dropping some serious gems, including this one on time management and this one on how the economy works.
📱📱Quote of the day
Sometimes, it’s better to be lucky than good.
Remember: “Until the lion learns to write, every story will glorify the hunter.”
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