Monday, August 25, 2008

The Start-Up Funding Gap

Bankelele writes:
I'll begin by saying that, apart from Enablis, I haven't found a true venture capital firm anywhere in Nairobi. Although many firms describe themselves as 'investment banks', 'development banks', xyz Funds, or venture capitalists, for better or for worse, they absolutely do not fund start-up companies. They like real-life balance sheets rather than projected balance sheets...[continue reading]
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