In this episode of the Technocracy Podcast, hosts Ajay and Loon engage in a spirited conversation with Caleb from Proximity and Tech Safari. They explore various facets of angel investing, particularly in the African tech ecosystem. The discussion covers the importance of market validation, the pros and cons of raising venture capital, and the significance of building a strong reputation and content presence. Caleb also shares insights from his experiences with African startups and the lessons learned from different investment strategies. The episode offers a blend of industry specifics, investment wisdom, and personal experiences, making it a must-listen for anyone interested in the intersection of deep technology and business.

--

Check out Ajay’s Stuff:

EntryLevel: https://entrylevel.net

Website: https://ajays.quest

Check out Loong’s Stuff:

QDX: https://www.qdx.co/

Automera: https://automeratx.com/

--

00:00 Reflecting on Last Year's Hustle

00:49 Introduction to the Technocracy Podcast

01:05 Meet Caleb: African Tech Investor

03:24 Building a Reputation in Angel Investing

07:17 Investment Strategies and Market Focus

15:52 Challenges in African Tech Investments

30:53 The Reality of African Unicorns

37:21 Navigating Currency and Financial Challenges

37:55 Government Policies and Their Impact

39:19 Market vs. Founder: What's More Important?

40:11 The Importance of Opportunity Selection

40:44 Founder-Market Fit and Operational Skills

42:11 The Weight of Founder vs. Market

45:46 The Lines vs. Dots Mentality

46:14 The Velocity of Founders

51:34 The Importance of Rest and Sprint States

01:01:03 Reflections on Fundraising and Investment

01:11:04 Advice for Aspiring Investors

01:13:06 Closing Remarks and Call to Action

Hosted on Acast. See acast.com/privacy for more information.