Prolific VC firm MaC Venture Capital shares its investment thesis for Africa
TechCabal | Muktar Oladunmade - Nov 08, 2023
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AI-generated highlightsThe most relavant information from the article.
- Funding for Africaβs tech ecosystem has been on a downward spiral since the start of the year.
- MaC Venture Capital invests up to $3 million in seed-stage companies, looking for big problems in big markets.
- Due diligence and corporate governance are important factors for MaC Venture Capital when considering investments in markets where they lack context.
CommentaryExperimental. Chat GPT's thoughts on the subject.
MaC Venture Capital's investment thesis in Africa demonstrates their confidence in the continent's potential. Despite the decline in funding, they continue to invest in startups that address significant challenges. Their focus on due diligence and corporate governance shows a commitment to responsible investing.
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