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Investors are spending 24% less time looking at pitch decks in 2022, compared to 2021. In fact, for decks that fail to raise funding, investors give up in just 2 minutes and 13 seconds.
The Silicon Cape Initiative is a private sector community movement that was founded by two South African high-tech entrepreneurs, Vinny Lingham and Justin Stanford. [1] [2] Both being entrepreneurs and angel investors in the information and communication technologies start-up sector in South Africa, they observed the unique confluence of circumstances emerging in their home country and in ...
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Mara was founded in 2021 by Chi Nnadi, Lucas Llinás Múnera, and Dearg OBartuin. [1] [5] [6] The Mara executive team is led by Chi Nnadi (Co-Founder and CEO), Dearg OBartuin, and Yana Afanasieva, and joined by board advisors Kojo Annan and Tatiana Koffman.
AI has drawn increased funding and interest from investors in recent years. Last year, AI startups raised $115 billion, according to PitchBook data.
The main differences between business incubators, startup studios, [5] and accelerators are: [3] [6] The application process is open to anyone but highly competitive. For instance, Y Combinator and TechStars have application acceptance rates between 1% and 3%. Seed investment in startups may be made, in exchange for equity
The Smart Africa Alliance is a partnership among African countries [1] adhering to the Smart Africa Manifesto. Its goal is to accelerate sustainable socioeconomic development on the African continent [ 2 ] through usage of Information and Communications Technologies (ICTs) and through better access to broadband services.
At the end of this 3 month period, participants pitch their companies to Entrepreneur First's 'Investment Committee' to receive a first 'pre-seed' investment. Entrepreneur First invests £80,000 in each startup in Europe, [22] [23] [24] C$100,000 in Canada [25] and SG$75,000 in Asia. [26] [27] In return, it claims a 10 percent equity share. [28]