Out of the 320 million Americans, fewer than 320,000 are Angel investors, investing in startups. Quick math, that is less than 0.1% of all Americans. The ratio only gets worse elsewhere in the world. Why? Investing in startups is complicated. Historically, it’s a skill learned in an ad hoc apprenticeship, with new Angels observing more experienced Angels for months or years. Few people have...
I categorize companies into three categories: A- Companies focused solely on profits, running extractive businesses, unconscious to the needs of their employees, their communities, and the world as a whole. Most of the S&P 500 and Global 1,000 are in this group. B- Companies that truly care about ESG: Environment, Social, and Governance. In short, companies whose management works on improving...
It’s been a long time since I mentioned my love of long-lived assumptions. This time it isn’t a story of a startup, but a story of an not-uncommon, but no everyday English word, milquetoast. The spelling makes it looks like an old loan Latin word borrowed from French 1,000 years ago. It’s not. It’s a fancy way of spelling “milk toast” a simple breakfast dish...
Luni’s backstory starts the episode, Why Africa at 29:00, Africa Eats at 38:30
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