3 ms·
This article is odd. The counterfactual would be, these funds were doing their own DD to find companies to invest in. Is that really true ? My gut says no. So
by IG_Semmelweiss 6y ago
This article is odd. The counterfactual would be, these funds were doing their own DD to find companies to invest in.
Is that really true ? My gut says no.
So in effect, YC is expanding the pool of potential investment dollars flowing into Africa.
The author would prefer that YC stay out of africa . Yet the article never refutes if YC leaving means other VCs depart africa too.
The forgotten companies would remain forgotten. Doesn't seem to be a good argument to stand on.