Y Combinator Wins in Africa, Gains from Paystack Cover ALL Investments in African Startups
Since 2014, Y Combinator, the popular U.S. based accelerator, has invested $120,000 for 7 percent equity in its companies. Paystack, the Lagos-operating fintech company which was acquired by Stripe in a deal north of $200 million, attended YC, post- 2014. If we assume that YC invested $120k for the 7%, we can conclude that Paystack … Continue reading Y Combinator Wins in Africa, Gains from Paystack Cover ALL Investments in African Startups
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