Through California and London back to #Africa investing in great #teams building high growth #tech companies with a positive #impact

Nairobi, Kenya
Joined August 2009
.@MikeMompi is the Co-Founder & Managing Partner of @EnzaCapital, a multi-stage venture fund backing founders & teams using tech to solve large & meaningful problems across Africa. We're happy to welcome him to our network as a member of KF Class 28! kauffmanfellows.org/fellows/…
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Closing my first investment in Africa this week. In diligence on two more. Very bullish on Africa!🐃
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What a welcome to Kigali with a bus full of fantastic founders at @Google #blackfounderfund gathering @EnzaCapital is happy to join and many thanks @for the photo @hannah_omu 🙌🏽🚀🚀🚀
We made it to Kigali! Spent the whole day at JKIA but we're still smiling 😎 I'm hanging out with top level founders and investors this week 🎉 #blackfoundersfund
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No expiry date on Chaplin’s speech in the Great Dictator - ironic that such an orator came to rise during the era of silent film 🎥 🧠
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Just off a @KLM flight from @HeathrowAirport, rarely check a bag, brand new laptop in box with receipts, trying new model for the team, picked my bag up and the laptop was gone - no accountability or help from @KLM_UK @KLM @AirFranceKLM - any suggestions?
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Love to see stories about real business metrics and not fundraising - more if this please 🙏🏽 Well@done to the @TeamAptHQ team and all the supporters @kola_aina @theafrovc and others
TeamApt has almost reached $200m in revenue. Impressive. theafricareport.com/245399/a…
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Great to share the @AFRICARENA with you all in #nairobi #kenya - one of the best places in the world to be building tech enabled solutions to large and meaningful problems 🚀🚀🚀
Panel Discussion on - " Optimizing the Kenyan technology ecosystem as the driver of East Africa's growth through learning, collaboration, and best practice." Moderated by @ToneeNdungu, joined by @schruts, @rjandi88 & @MikeMompi. Follow LIVE - https://lnkd.in/d3CfvQGp
NEW: Just signed our budget. California will now be the first state in the nation to achieve universal access to healthcare coverage. This is what being “pro-life” ACTUALLY looks like.
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Thoughtful reflection on racial disparities in SA leading to and maintaining economic injustice - we need more David’s acknowledging this, sharing the truth, and fighting for all people 🙌🏽
Let me tell you why racism still exists in South Africa and how many still benefit from it. (Thread)
Pro-life, my ass.
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Something I have learned over time. Some of the conventional rules and disciplines are conventional and stood the test of time for a reason. The key is knowing which to challenge and which to respect.
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Mike Mompi retweeted
Hearing growing buzz in startup land about something called “EBITDA”. Anyone know anything? I checked, not a new coin apparently
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Generally speaking, when something *really hard* (like investing) begins to look *really easy*… There’s serious pain on the horizon.
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So true, though I didn’t realise I was speaking loud enough for you to hear me…
OH from a fellow investor today: "I feel like I’m playing a game of chess while there is a crazy high stakes game of rock-paper-scissors 50 feet away". Too good. 😉
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Macro policy catalysing capital in Africa is an important piece of the puzzle, as it has been in other more developed markets… and more pieces are starting to fit 🧩
Could Accra, Nairobi and Kigali become Africa’s new financial hubs? They plan to lure firms with tax breaks econ.st/3GmVqp4
Great to spend quality time with @theafrovc @nneka_eze and other early stage African VCs over the past few days - our time is now 🚀🚀🚀
All smiles from our GP @theafrovc, Vestedworld's @nneka_eze, Enza Capital's @MikeMompi and Seedstars Africa Ventures' Maxime Bouan at the 2021 AFSIC: Investing in Africa Conference and Expo in London yesterday.
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Thoroughly enjoyed the catch up and laughs @LiamABlack - more soon!
We talked about impact investing, capital raising, building a business. But mainly me and @MikeMompi had a bloody good laugh.
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Raising VC funds is too often seen as success in and of itself - we need to double down on chasing real businesses solving real problems with real margins rather than focusing on the headlines #africatech
This is how much four of the largest tech companies raised with VCs before going public: Apple $31.3M Amazon $14.3M Microsoft $2.3M Google $34.2M 🚀🚀🚀🚀
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As someone who interned at a startup in HS in the summer of '00 & started building her own startup in '08, frothy times make me very nervous. Everyone looks like a genius during the best times, but here are some sobering thoughts. Read on >>
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Such an important point which seems to be increasingly overlooked across both sides of the table
Very important element to highlight that is happening more and more. Confusion/ lack of clarity on revenue terms. GMV is not ARR. Do not just give GMV numbers. Not all revenue is recurring. Don’t call it so. Margin matters, what is yours? Be clear and direct.
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