This week, Nigeria enacted and published a ‘Startup Bill’, becoming the sixth African country on record—after Tunisia, Senegal, Kenya, Egypt, and South Africa. #startup #nigeria #southafrica #egypt #kenya #egypt #tunsia #ghana #rwanda #mali #senegal

5 African countries now have startup laws: Egypt, Senegal, Tunisia, South Africa, and most recently, Nigeria.

Difficult roads often lead to a beautiful destination.

Lots of Africa-focused VC that wanted to move later stage (read: Seed+) now starting pre-seed offshoots for pipeline + ownership. Lead check allocations are about to get highly competitive for the strongest teams. Founders are going to have pick their investors more carefully.

Whatever makes you happy in life, keep it private.

wrote about founder worship for the Bloomberg Technology newsletter. its funny how the weird alchemy of silicon valley has tended to turn obvious red flags into evidence of genius bloomberg.com/news/newslette…

Here's why you should be investing in Africa's startup ecosystem 1. There is a growing middle class with disposable income 2. The region is home to some of the world's fastest-growing economies 3. Africa is the world's youngest continent, with a rapidly growing population

FTX aside, avoid businesses/exchanges/projects that: - are not profitable (musical chairs) - survive by selling their own tokens - give high incentives for locking your tokens - have a large total supply, but only a small circulation supply - involves loans Stay #SAFU 🙏

Keep your team lean for as long as possible because startups with small motivated and aligned teams usually execute faster than larger companies.

🚨FYI - DELETE ALL FTX APPS ASAP. DO NOT EVEN OPEN. DON'T ACCESS ANY FTX SITES WHATSOEVER UNTIL WE GET AN UPDATE.🚨

Elon finally found Crypto Twitter.

What a sh!t show... And it's going to be crypto's fault, (instead of one guy's fault)...

The best feature your startup can ever build is a predictable and repeatable customer acquisition model so please learn sales and marketing.

By the time you get to fund 3 you need to show exits in fund 1 - if you can’t show exits you die!!! Shruti Chandrasekhar #srafrica

🚨🇺🇸BILLIONAIRE RAY DALIO: MEDITATION, NOT MONEY, BUILT MY EMPIRE Ray Dalio, the mastermind behind Bridgewater Associates’ $97.2 billion hedge fund empire, has a hot take: his success isn’t from smarts or hustle—it’s all about meditation. Ray Dalio: “The best advice I could

I firmly believe financial literacy is the foundation for the American Dream. Treasury Department is proud to continue working with the private and public sectors to put financial literacy on the map. But there is much more to do. National Financial Literacy Month helps to emphasize

Attention allocation predicts business outcomes better than capital allocation.

If joining an early stage startup, evaluate team, product, equity, salary, in that order. If investing in an early stage startup, evaluate team, product, terms, revenues in that order.

Your brain works against you until you give it a meaningful goal to wire itself around.

Coding is easy. Thinking is hard.