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Relevance of Local Angel investors for Tech startups
Rank: Hello Joined: 2/21/2012 Posts: 6
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People, It is generally being thought that if more local angels can invest in Tech startups, local tech innovations stand better chances to grow into entreprises that scale globally. See thoughts here - http://www.pivoteast.com...-can-local-angels-play/
Do local Tech startups make sense to Wazuans? interested that mobile innovation and mobile entrepreneurship propel East Africa's knowledge economy - www.gmeltdown.com
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Rank: Veteran Joined: 4/16/2010 Posts: 906 Location: Nairobi
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Local tech investors are there. My experience has been that once you show some proper traction and eliminate some of those early-stage question marks, that's when local guys will take a chance on you.
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Rank: Hello Joined: 2/21/2012 Posts: 6
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KenyanLyrics wrote:Local tech investors are there. My experience has been that once you show some proper traction and eliminate some of those early-stage question marks, that's when local guys will take a chance on you. @KenyanLyrics Got comparative experience with respect to business advisory and mentorship by locals vs foreign investors? interested that mobile innovation and mobile entrepreneurship propel East Africa's knowledge economy - www.gmeltdown.com
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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gmeltdown wrote:People, It is generally being thought that if more local angels can invest in Tech startups, local tech innovations stand better chances to grow into entreprises that scale globally. See thoughts here - http://www.pivoteast.com...-can-local-angels-play/
Do local Tech startups make sense to Wazuans? With the current tech boom, its available if one is prepared to answer tough questions. Apps and softwares are being bought for multi millions, our consumption is on the rise... Its upon one to come up with an attractive proposal. Hope Konza won't be a pipe dream
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Rank: Veteran Joined: 4/16/2010 Posts: 906 Location: Nairobi
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gmeltdown wrote:KenyanLyrics wrote:Local tech investors are there. My experience has been that once you show some proper traction and eliminate some of those early-stage question marks, that's when local guys will take a chance on you. @KenyanLyrics Got comparative experience with respect to business advisory and mentorship by locals vs foreign investors? No. While I have hands on experience with foreign investors, I have only pitched local investors, but I'm yet to commit to one.
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Rank: Hello Joined: 2/21/2012 Posts: 6
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@KenyanLyrics what are some of the factors that meant you now have experience with foreign investors and non with local investors? Specifically was the deal with local investors not good or did they simply not make and offer? interested that mobile innovation and mobile entrepreneurship propel East Africa's knowledge economy - www.gmeltdown.com
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Relevance of Local Angel investors for Tech startups
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