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In Africa, one doesn’t need to look hard these days to spot crises. Case in point: the broad swath of the continent known as the Sahel. There, in recent years, one country after another—Burkina Faso, Mali, Niger, Guinea—has seen ineffectual elected governments fall to military juntas. In Africa, one doesn’t need to look hard these […]
I recently wrote a post about funding for investors to think about having a diversified portfolio, which I called “shots on goal.” The thesis is that before investing in an early-stage startup it is close to impossible to know which of the deals you did will break out to the upside. It’s therefore important to […]