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YC released a list of companies collectively valued at $458B, these companies made a total of $57.2 billion in revenue in 2023
AI Tool Of The Week 🤖: Albert assists startups in creating targeted ads
Opportunity Of The Week 💡: Apply for an all-expense paid trip to NYC for the New York Tech week
THE BIG IDEA
Here’s Our Playbook
It is a fact that the largest VC firm in Africa is none other than Partech. Following the success of its initial funding round, Partech I, which saw a $143m fundraise, Partech made headlines again by securing an impressive $300 million for its second round, Partech II, in February.
Beyond its role as a VC firm, Partech has experienced remarkable growth and success over the years. A lot of leaders are usually curious as to how they achieved so much.
I read an interview conducted by Techcabal with Tidjane Deme, a General Partner at Partech. The insightful interview answered a lot of the ‘how?’ questions surrounding Partech’s expansion. Tidjane disclosed Partech’s unique approach towards investing and evaluating which companies to release funds into.
One question I found to be particularly interesting:
Have you turned down any companies that went on to be successful?
TD: Investors keep a mental record of companies they regret missing out on – the “Had I Known” portfolio. Paystack is an easy example for me. When they were first raising capital, we at Partech simply didn’t have the funds yet, as we were still fundraising ourselves.
There are also promising companies I’ve declined to invest in that I’m following closely, hoping to see them succeed. While I can’t disclose their names at this point, keeping a watchful eye on such companies is a common practice among investors…
If you’re curious about the African sectors Partech sees expansion/growth in, their 4 criteria for deciding if a company is a good fit to invest in or even the mistakes they made that you should avoid…
Pause, take a deep breath. Yes, I can see you and I know you haven’t taken a deep breath yet. Let’s do this again.
Stay still and breathe in deeply, hold for 3 seconds and exhale. How did you feel after? This simple exercise can help you become more mindful and better prepared to handle whatever life throws your way!
Build Your Dream Company 🏆
Finding employees who are unbelievably amazing at what they do is a global struggle. You don’t just want people with hard skills, but employees who fit seamlessly into your company culture.
How fast would you grow if your company was filled with employees who stick around, contribute their best, and help your company achieve its goals…that's where CareerBuddy comes in.
Our mission is to accelerate business growth and lift millions of individuals out of poverty yearly.
With a track record of helping VC-backed startups to Fortune 500 companies and an 88.3% success rate, we help you recruit top talent effectively. Want to scale your company?
Mark Zuckerberg enrolled at Harvard to study psychology and computer science when he was 18. In just a year, he created a platform where users could pick classes by seeing what others choose.
He then launched a precursor to Facebook, but it was shut down by Harvard’s administration. So he had to drop out of Harvard after launching thefacebook.com. Within three years he was the youngest billionaire ever.
Don’t forget to save the image so you can always glance through it!
The 3i Africa Summit which will take place from May 13-15 in Accra, Ghana, will focus on Africa's FinTech potential.
Attendees include a lineup featuring CEOs, founders, and thought leaders. Expect insightful discussions from Dr. Patrick Saidu Conteh, CEO of Africa Fintech Network, Yemi Keri, CEO of Heckerbella Limited, and Conrad Kraft, Strategic Advisor at Digital Euro Association…there’s more!
These are the 4 key trends driving private market impact funds
Strategy classified African countries into six basic categories based on: wealth (measured by GDP per capita) and institutional quality (measured by the World Bank Doing Business Index). See chart below:
This article contains insights and trends into the economic status of the U.S, Canada and Mexico
Quit Boring Workspaces 🚫
Every day, your team is filled with ideas to hit their quarterly goals. But, how can they easily meet these goals? Where do they even begin? It’s why Miro makes your complex tasks simple.
With Miro, you can collectively brainstorm as a company and plan as if you were professor from Money Heist, seriously.
Because as you work, your ideas flow freely, and what’s better? Miro helps you turn your dreams into reality.
YC released its 2024 list of top companies by revenue. The companies on this list are collectively valued at $458B, with a combined $57.2B in total revenue generated in 2023
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ABOUT CAREERBUDDY
Hire Smarter, Not Harder
At CareerBuddy, we make hiring seamless for fast-growing companies, we pride ourselves on knowing the best people that will excel in a Startup. With a candidate retention rate of 90.3%, it is safe to say “We are the best in the game for Startup hiring in Africa”.
We have worked with our partners to hire both for Technical and Non-Technical roles, we have also helped them with expansion in Africa. Some of our clients include Bamboo Invest, Helium Health, Cassbana, Cadana, Fincra, CrowdForce, Casava, TeamApt (now Moniepoint), Sabi, etc.
