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VOICE ARCHIVE

Moe

@mochievous
7 posts
2022-01-11
Local investors in Nigeria for instance are now open to writing bigger check sizes, we are actively seeing this. So yes it is possible to raise $500k locally and from angels. Now if you really want YC as an international founder, make sure to do this one thing.
2022-01-11 View on X
Y Combinator

YC announces a new standard deal: a $125K investment for 7% of the startup and a further $375K at terms founders can negotiate with future investors

We have a new standard deal at Y Combinator.  When a company is accepted into the YC batch program, we now invest a total of $500,000.

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YC announced this deal and I'll like to talk a little about how it affects founders from Africa who get into YC. A lot of the communication on the TL are from YC competition so let me give a somewhat balanced view 🌚 https://twitter.com/...
2022-01-11 View on X
Y Combinator

YC announces a new standard deal: a $125K investment for 7% of the startup and a further $375K at terms founders can negotiate with future investors

We have a new standard deal at Y Combinator.  When a company is accepted into the YC batch program, we now invest a total of $500,000.

View original
Founders especially international founders should be given the choice. $500k is a lot of money for run way but many founders from Africa are able to raise much more than that post YC. Locking them in like this with no choice isn't ideal. the end
2022-01-11 View on X
Y Combinator

YC announces a new standard deal: a $125K investment for 7% of the startup and a further $375K at terms founders can negotiate with future investors

We have a new standard deal at Y Combinator.  When a company is accepted into the YC batch program, we now invest a total of $500,000.

View original
2021-01-25
Two things I think makes Clubhouse sticky 1. It is a social media app that doesn't compete for screen time (you can do other things in the background) 2. Creating content on it is really easy Clubhouse Gets Investment Interest at $1 Billion Valuation https://www.theinformation.com/ ...
2021-01-25 View on X
Clubhouse

Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon

When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : ...

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First heard of Rohan through a viral thread about his daughter & efforts around her health. Inspiring Everything in the works sounds exciting & this caught my attention: “allow creators to get paid directly—through .. tipping, tickets or subscriptions” https://www.joinclubhouse.com/ ...
2021-01-25 View on X
Clubhouse

Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon

When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : ...

View original
2021-01-24
Two things I think makes Clubhouse sticky 1. It is a social media app that doesn't compete for screen time (you can do other things in the background) 2. Creating content on it is really easy Clubhouse Gets Investment Interest at $1 Billion Valuation https://www.theinformation.com/ ...
2021-01-24 View on X
The Information

Sources: VCs have approached Clubhouse about investing in its next round at ~$1B valuation, a 10X increase from the previous round; a16z is expected to lead

The race to invest in social audio app Clubhouse is on again.  Venture capital firms have approached the startup's founders … Tweets: @alexeheath , @alecstapp , @benedictevans , @b...

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2020-10-16
Taking a breather to acknowledge this amazing news. Stripe acquisition of Paystack which is estimated to be around $200m is the biggest startup acquisition to date to come out of Nigeria, as well as Stripe's biggest acquisition to date anywhere. https://techcrunch.com/...
2020-10-16 View on X
TechCrunch

Stripe acquires Nigerian startup Paystack, which enables integration of payments services using an API, sources say for $200M+

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