African Startups of Unicorns, Gazelles and Corporate Breakfasts

In recent investments events across Africa, the trio of myself, Tomi Davies, President of African Business Angel Network and Stephen Gugu, Founder of Victoria Ventures, Nairobi based Angel Network have expressed opinions on the raging conversation about the Unicorn moniker as used for the African startups. The concept of Unicorn originated in the West, possibly the United States to describe fast growth, mostly technology companies that had reached valuations of $1B in the first few years of their life, usually less than 5years.

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