Why VOA spends six months inside startups before deciding to invest
- Victoria Olayide Adesanya demands a six-month engagement with startups before investing.
- VOA Venture Partners focuses on building financial infrastructure in Africa, particularly for founders from the African diaspora.
- Adesanya believes the African fintech market is young and full of gaps, particularly in business-to-business financial infrastructure.
Adesanya's approach of deep engagement with startups before investment is commendable and could serve as a model for other investors. It highlights the need for a more nuanced understanding of the challenges faced by African startups, particularly in fintech. However, the reliance on equity stakes during the engagement period may deter some founders, and balancing this with their growth needs will be crucial.
