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Super pumped about AfroTech Fest UK back for another year. If you or your organisation is interested
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September 3 · Issue #114 · View online
Your weekly newsletter on minorities in tech, venture and entrepreneurship đź’« http://andyayim.com
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Super pumped about AfroTech Fest UK back for another year. If you or your organisation is interested in sponsoring click on the link below. There has been a lot of momentum recently for Zebra startups (those that grow and forgo VC funding). With stories below of founders buying back shares from VC’s as well as a number of exits that have occurred in recent months where founders owned over 90% of their businesses.
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The rise of giant consumer startups that said no to investor money
A new breed of entrepreneurs is creating huge consumer brands - Direct To Consumer Startups (DTC) such as Native who sold for $100m to Proctor & Gamble with the founder still owning over 90% of the company.
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We Spent $3.3M Buying Out Investors: Why and How We Did It
Last month, Buffer spent $3.3 million – about half of all the cash we had in the bank – to buy out our main venture capital (VC) investors. Here is the full journey of how we decided on this path for the company, including all the details and numbers involved in carrying out a stock buyback.
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Sound Up: Spotify is holding a bootcamp for aspiring women of colour podcasters
It used to be that everyone has a book inside them but in 2018 it’s more likely to be a podcast. And if you identify as a woman of colour, then Spotify wants to help you get your voice and podcast idea out there.
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Paystack flying the flag for Nigerian Startups
Looking forward to learning more about the growth story here. Good to see investment dollars from strong strategic investors going into Africa-focused solutions.
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Afrotech Fest 2019
A tech festival by and for black people of African and Caribbean heritage. Back by popular demand! More days, more venue space, more Black folk doing dope things in tech and beyond 🎉
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Profit sharing for bootstrapped startups | Nathan Barry
Good read for the Zebra startups out there.
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First Principles: Elon Musk on the Power of Thinking for Yourself
Read this article to learn how brilliant minds like Elon Musk use first principles thinking to solve difficult problems and develop innovative solutions.
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Entrepreneur Tools by Mohammad Keyhani
Tools & resources for startups & entrepreneurs. Focus on released tools requiring no coding, cheap / free / have free plan, or otherwise worthwhile for bootstrapping startups.
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