Listen as a podcast: Apple • Google • Amazon
Want more? Visit Fledge and Africa Eats.
How I started Fledge and Africa Eats
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Listen as a podcast: Apple • Google • Amazon
Want more? Visit Fledge and Africa Eats.
In today’s episode of Superpowers for Good, I had the pleasure of welcoming back a dear friend and visionary entrepreneur, Luni Libes, the CEO of Africa Eats. Luni is not only an inspiring leader but also a key investor in the super crowd. His innovative company, Africa Eats, is on a mission to end hunger and poverty in Africa through a unique for-profit model, currently crowdfunding on WeFunder...
The buzzword of 2024 is “AI” and like social, mobile, cloud, fintech, and blockchain, every startup is claiming to have it and every big startup fundraising is claiming to expand what can be done with it. Or in short, we’ve been here before. A Grand Unified Theory of the AI Hype Cycle does a very good job explaining how this will play out in 13 steps, and how it already played...
The standard structure for private equity funds (and venture capital funds) is “2&20”, as in a 2% management fee (±1%) and 20% (±10%) of the profits, a.k.a. “carried interest“. Why 20% of the profits? Henry Kravis of KKR explains below, starting at 6:00. TL;DR: Necessity, as he and his partners had no capital to put at risk. Share this:Click to share on Twitter (Opens...
My refrigerator died last week, and with that, my family and I lived with an “ice box” in its place, using frozen bottles of water as the source of cooling until today, when the new refrigerator was installed. Refrigeration is a service billions of us take for granted. Living without it for a week helps one ungrant that taking (or however that is supposed to be phrased). All of this...
Last month I was in Tanzania visiting three Africa Eats‘ investees: Swahili Honey, Goldenpot, and Rogathe Dairy. Below are three short videos showing off their factories. All of these companies have grown more than 10x since I first met them, some of them growing that fast in two years. See the post on fast-growing SMEs to see each of their growth stories, and click on the other companies...
