We are thrilled to see this insightful article from Tage Kene-Okafor via TechCrunch highlighting the significant points our CEO, Linda Rottenberg, discussed during her recent visit to Nigeria. The emphasis on prioritizing long-term capital in emerging ecosystems like Nigeria, Egypt, and Vietnam is crucial for sustainable growth and development. We sincerely thank Tage and TechCrunch for shedding light on these important conversations. As Linda mentions, collaboration between local and global investors is key to building resilient and thriving entrepreneurial ecosystems. As we continue to support and empower entrepreneurs in these regions, we are excited about the future and the incredible potential that lies ahead. Read the full article here - bit.ly/3YjXCJ5 . . . #Entrepreneurship #VentureCapital #EmergingMarkets #LindaRottenberg #Endeavor #EndeavorNigeria
Twenty years ago, 80% of VC money would go to the US. Now, more than 50% of all companies funded by VC are outside of the US. According to Linda Rottenberg, Co-founder & CEO of Endeavor: 🌍 While China, India, Israel, and the U.K. have led the charge in this shift, smaller ecosystems across Europe, LatAm, Southeast Asia, the Middle East, and Africa are also paying a part. 👀 Of all the 40 countries we’re in, we’re most excited about Nigeria, Egypt, and Vietnam within the next 5 to 10 years. They’re the ones to watch. 💪 During the good times, international investors will come in, but emerging ecosystems have to build a strong local investor base to ensure continued investment even when global investors withdraw. 💫 African founders should take pride in what they’re doing. The first generation always faces the toughest challenges, but their achievements are paving the way for future success. Read the full interview, by Tage Kene-Okafor for TechCrunch: https://lnkd.in/g-_kKefB