|#520 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 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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Nigerian investment platform Bamboo secures $15m Series A led by Tiger Global and Greycroft: Big congratulations to the team over at Bamboo!
The art of collecting: For any aspiring art collectors, Keturah does a very good job of breaking down the industry. Subscribe to this substack!
Monopolies Are Distorting the Stock Market: Back to the conversations on monopolies. A favourite.
Buffett's $152B Apple bet, explained: Lessons: 1- it only takes one; 2- stay in your circle of competence; 3- something something something patience.
Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets: Shoutout to Yele and the rest of the team
Reading Note: How Buildings Learn: Following last week’s incredible article on how Emmanuel plans to build a house that will last the next 100 years.
The SPAC Ship Is Sinking. Investors Want Their Money Back: And it will bounce back up in a couple of years
Thoughts on Y Combinator’s New Deal. A Perspective from Emerging Markets: the YC Bump, the YC Premium, and the YC Arbitrage
The moral calculations of a billionaire: “How much is enough?”
PalmPay raised $100M Series A last August, claims to have 5 million users: PalmPay with the fresh funding straight from China. Lots of money flowing into the African ecosystem now. Let’s see how long this lasts.
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.
Also, Afrobility Podcast is exactly what you need to be listening to for the deep-dives into Africa’s most note-worthy companies.
Recommended Substacks: Afridigest by Emeka; African Entrepreneurship Series by Jeph; Getthebrief by Loye and Fola.
📱📱Quote of the day
Stay in your circle of competence — W. Buffet
Remember: “Until the lion learns to write, every story will glorify the hunter.”
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