The Eunice Ajim Show

In this episode, Eunice Ajim discusses how to meet investors for your startup. She covers topics such as identifying a good investor, considerations for African startups, using similar portfolio companies as a strategy, strategies to meet startup investors, preparing for the first meeting, making a compelling pitch, and follow-up after the first meeting.

Takeaways

• Different investors have different investment criter...

In this episode, Eunice Ajim discusses the focus on tech-focused businesses in Africa and whether it bothers her as an investor. She emphasizes the importance of solving real problems and highlights the need for entrepreneurs to align their passion and expertise with the businesses they invest in.

Eunice also explores the idea that not everyone should be a founder and that employees are just as important as founders in a comp...

In this episode, Eunice Ajim discusses the pros and cons of launching a venture capital fund. She emphasizes the importance of understanding one's true passion and purpose before pursuing a career in venture capital.

Eunice shares her personal journey and how she discovered her purpose in facilitating resources and capital for African tech companies. She then explores the pros of being a VC, including the opportunity to w...

In this episode, Eunice Ajim discusses the importance of building a brand as a startup founder or investor. She emphasizes that as the creator of a product or service, nobody knows your company better than you do. Eunice explains that creating content is a powerful way to share your company's story and connect with your target audience.

She also highlights the significance of personal branding and networking in building a...

Eunice Ajim is a 2x founder who previously led a tech startup from homeless into a multi-million dollar business. She then launched a $10M Africa-focused fund with no Ivy League degree, wealthy family, or VC/PC experience.

The Eunice Ajim Show is your go-to podcast for doing business in Africa, investing in Africa, and living your African dream, whatever that means to you.

Eunice is motivated by the stories of talented ...

In this episode, Eunice Ajim discusses unconventional ways of getting into venture capital without an Ivy League degree or a lot of money. She highlights the example of Harry Stebbings, who used social media to invite top VCs to join his podcast and eventually became a successful VC himself.

Eunice provides actionable steps for breaking into VC, such as starting to invest on your own, doubling down on industry expertise, buil...

In this episode, Eunice Ajim discusses the concept of replicating successful business models and the opportunities it presents. She shares the example of three German brothers who replicated eBay's model in Germany and eventually sold their company to eBay.

Eunice also talks about the importance of legal agreements and competition in the business world. She emphasizes the need for African founders to protect their ideas a...

In this episode, the host dedicates the conversation to her husband and highlights the importance of having a supportive spouse, especially for women in business. She shares the story of how they met and the intense connection they had from the start.

The host also discusses how her husband supported her during difficult times, including providing her with a car and helping her move out of a difficult living situation. She em...

In this episode, Eunice Ajim discusses how to plan your Minimum Viable Product (MVP) for a tech startup. She emphasizes the importance of understanding the problem and conducting user research before building a product. Validating the solution through customer interviews and feedback is crucial. Eunice also highlights the need to start with non-scalable solutions and gradually build towards a technology product. Market research and...

In this episode, Eunice Ajim discusses different paths to becoming a venture capitalist. She explains that one can either take the entrepreneur route by becoming a startup founder and angel investor, or the job route by joining a venture capital program. Eunice also highlights the challenges of running a venture capital fund, such as the need for capital and travel expenses. She shares some of her favorite portfolio companies and e...

In this episode, Eunice Ajim discusses the challenges and risks associated with building a company in Nigeria. She highlights the negative impact of the African press on the perception of African startups and emphasizes the need for more positive coverage. Eunice also emphasizes the importance of due diligence in the investment process and shares her experiences in detecting fraudulent practices. She discusses the consequences of f...

In this episode, Eunice Ajim discusses how to choose the right company to invest in and the strategies for finding deal flow. She explains the inbound and outbound strategies used by venture capital funds and the importance of marketing and creating content. Eunice also shares insights on constructing a portfolio and the two main models used in the startup ecosystem: power law and spray and pray.

Takeaways

- Joining an an...

In this episode, Eunice Ajim discusses why she doesn't invest in blockchain technology companies in Africa. She highlights the lack of painkiller solutions and the absence of successful use cases outside of cryptocurrencies. Eunice also mentions the challenges of fraudulent activity and unpredictable regulations in Africa. She emphasizes the importance of timing and specific use cases for blockchain technology. Additionally, sh...

Investing in tech startups in Africa is a long-term game, with returns typically expected within seven to ten years. There are three main ways to make money when investing in tech startups: through secondary sales, mergers and acquisitions, and initial public offerings (IPOs). Secondary sales involve selling equity to a bigger investor at a higher valuation. Mergers and acquisitions allow bigger organizations to acquire smaller com...

In this episode, the host discusses the importance of not missing out on the best investment opportunities in African tech startups. She shares examples of successful companies like Airbnb and emphasizes the need for investors to keep moving forward and explore the numerous opportunities available. The host also highlights the factors she considers before making investment decisions, including her ability to provide value to the fo...

In this episode, Eunice Ajim discusses how to get started investing in African tech startups. The conversation covers different types of investors, including angel investors and venture capitalists. The host recommends joining an angel group to gain knowledge and access to the best deals. Another option is investing as a limited partner (LP) in venture capital funds, which allows for diversification. Eunice advises starting with sm...

In this episode, the host discusses what to look for when making an investment decision in tech startups. The key factors to consider include the founders and team, their prior experience, traction, product evaluation, market readiness, target customer definition, and revenue and growth expectations.

Takeaways

- The team and founders are crucial to the success of a startup. Look for founders with prior experience and lear...

Summary

In this episode, the host discusses the reasons why investing in African startups is interesting. She shares her personal experience of hiring African developers and the challenges she faced in finding talent and managing payroll. She then talks about how she discovered the African tech ecosystem and started investing in startups. The host explains the different categories of investors, including angel investors, incub...

Welcome to another episode of The Eunice Ajim Show! In this edition, Eunice Ajim sits down with Janade, one of the founding members of Launch Africa, a leading early-stage VC fund focused on Africa. Recorded live at GITEX in Dubai, the conversation delves into Launch Africa's journey, its unique approach to seed-stage funding, and its impact on tech startups across the continent.

Janade shares insights into Launch Africa's ...