June 29, 2020

Y Combinator reduces investment size to $125k, cites economic concerns

Y Combinator (YC), US-based seed-stage accelerator, is reducing the standard deal of its investment from $150 000 to $125 000. However, it is maintaining its 7% equity stake in backed startups. The announcement was made on Friday (26 June) by Y Combinator president, Geoff Ralston. The announcement coincides with the accelerator’s call for application for […]

June 5, 2020

South Korea’s K-Startup Grand Challenge giving opportunity to African startups to participate

K-Startup Grand Challenge (KSGC) is a startup accelerator programme conducted and financed by the Korean government. The programme’s initiative is to support foreign startups that want to enter the Korean market and further explore the international markets. Supported by the Ministry of SMEs and Startups (MSS) and National IT Industry Promotion Agency (NIPA) in Korea, […]

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March 11, 2019

Meet Tunde Balogun: CEO, Rentsmallsmall

You may pass by the Chief Executive Officer of RentSmallSmall, Tunde Balogun, and not recognise him. But his creative mien and astute candour will undoubtedly make you steal a second glance. The journey of his vision was long cemented before he obtained a degree in International Business Management and master’s in Business Administration at Stamford […]