Hi Skunks, Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure? Martin S. Njuguna
*Are there firms out there who do equity funding as opposed to traditional loans structure? * Yes, I know of at least one. Josiah Mugambi +254 738 504418 http://blog.josiahmugambi.com * SK Classifeds... Visit stockskenya.co.ke for more info. * Get a .ke @ 2900/- a year VAT incl. @ pct.co.ke On Thu, Jun 25, 2009 at 5:55 PM, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
Thats a very interesting question and am also interested in knowing any VCs that exist. Meanwhile, check these guys out: http://www.grofin.com. Ikua On Thu, Jun 25, 2009 at 6:18 PM, Josiah Mugambi <jmugambi@gmail.com> wrote:
*Are there firms out there who do equity funding as opposed to traditional loans structure? * Yes, I know of at least one.
Josiah Mugambi +254 738 504418
* SK Classifeds... Visit stockskenya.co.ke for more info. * Get a .ke @ 2900/- a year VAT incl. @ pct.co.ke
On Thu, Jun 25, 2009 at 5:55 PM, Martin Njuguna <mnjuguna@gmail.com>wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
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@Mugambi: Mind sharing the details of the VC firm you are speaking about? @ Ikua; I already know about Grofin, will get more information on whether they do EQUITY FUNDING but from their profile of companies they have funded, i suspect its a loan based model...as in one needs collateral but will confirm Martin S. Njuguna On Thu, Jun 25, 2009 at 12:45 PM, Evans Ikua <ikua.evans@gmail.com> wrote:
Thats a very interesting question and am also interested in knowing any VCs that exist. Meanwhile, check these guys out: http://www.grofin.com. Ikua
On Thu, Jun 25, 2009 at 6:18 PM, Josiah Mugambi <jmugambi@gmail.com>wrote:
*Are there firms out there who do equity funding as opposed to traditional loans structure? * Yes, I know of at least one.
Josiah Mugambi +254 738 504418
* SK Classifeds... Visit stockskenya.co.ke for more info. * Get a .ke @ 2900/- a year VAT incl. @ pct.co.ke
On Thu, Jun 25, 2009 at 5:55 PM, Martin Njuguna <mnjuguna@gmail.com>wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
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@ Martin there's Unicorn Capital. - www.ucp1.com Josiah Mugambi +254 738 504418 http://blog.josiahmugambi.com * SK Classifeds... Visit stockskenya.co.ke for more info. * Get a .ke @ 2900/- a year VAT incl. @ pct.co.ke On Fri, Jun 26, 2009 at 8:05 AM, Martin Njuguna <mnjuguna@gmail.com> wrote:
@Mugambi: Mind sharing the details of the VC firm you are speaking about?
@ Ikua; I already know about Grofin, will get more information on whether they do EQUITY FUNDING but from their profile of companies they have funded, i suspect its a loan based model...as in one needs collateral but will confirm
Martin S. Njuguna
On Thu, Jun 25, 2009 at 12:45 PM, Evans Ikua <ikua.evans@gmail.com> wrote:
Thats a very interesting question and am also interested in knowing any VCs that exist. Meanwhile, check these guys out: http://www.grofin.com. Ikua
On Thu, Jun 25, 2009 at 6:18 PM, Josiah Mugambi <jmugambi@gmail.com>wrote:
*Are there firms out there who do equity funding as opposed to traditional loans structure? * Yes, I know of at least one.
Josiah Mugambi +254 738 504418
* SK Classifeds... Visit stockskenya.co.ke for more info. * Get a .ke @ 2900/- a year VAT incl. @ pct.co.ke
On Thu, Jun 25, 2009 at 5:55 PM, Martin Njuguna <mnjuguna@gmail.com>wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
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Hello, I have partners from USA , and we are in process of having a holding company here in Kenya to invest in ICTs, and do equity funding. you may get in touch,for further details. Pauline Muthigani Nordic Africa Technology On 6/25/09, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
There is also East Africa Capital Partners that focus on technology. Google them. If you have a great proposal they are your best bet in Kenya they have USD 100 million war chest.... On Fri, Jun 26, 2009 at 12:53 PM, Pauline Muthigani < pauline.muthigani@gmail.com> wrote:
Hello, I have partners from USA , and we are in process of having a holding company here in Kenya to invest in ICTs, and do equity funding. you may get in touch,for further details. Pauline Muthigani Nordic Africa Technology
On 6/25/09, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
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-- Sent from my Watch© Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
I think Skunks we can come together and deliberate on developing a proposal or even a concept paper then approach these capital venture Companies and get this USD 100 million chest!!! Phares, Washintgon et al....? 2009/6/26 Joram Mwinamo <joram.mwinamo@gmail.com>
There is also East Africa Capital Partners that focus on technology. Google them. If you have a great proposal they are your best bet in Kenya they have USD 100 million war chest....
On Fri, Jun 26, 2009 at 12:53 PM, Pauline Muthigani < pauline.muthigani@gmail.com> wrote:
Hello, I have partners from USA , and we are in process of having a holding company here in Kenya to invest in ICTs, and do equity funding. you may get in touch,for further details. Pauline Muthigani Nordic Africa Technology
On 6/25/09, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Sent from my Watch©
Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Solomon Mburu P.O. Box 19343 - 00202 Nairobi Cell: (+254-0) 735 431041 Man is a gregarious animal and enjoys agreement as cows will graze all the same way to the side of a hill! AND It is better to die in dignity than in the ignomity of ambiguous generosity!
Looking at EACP, how much can one trust a VC with an idea that may compete with their portfolio? Or one that they can steal and enhance what they already have? How do you deal with VCs in terms of Intellectual property? On Fri, Jun 26, 2009 at 2:07 PM, Solomon Mburu <solo.mburu@gmail.com> wrote:
I think Skunks we can come together and deliberate on developing a proposal or even a concept paper then approach these capital venture Companies and get this USD 100 million chest!!!
Phares, Washintgon et al....?
2009/6/26 Joram Mwinamo <joram.mwinamo@gmail.com>
There is also East Africa Capital Partners that focus on technology. Google
them. If you have a great proposal they are your best bet in Kenya they have USD 100 million war chest....
On Fri, Jun 26, 2009 at 12:53 PM, Pauline Muthigani < pauline.muthigani@gmail.com> wrote:
Hello, I have partners from USA , and we are in process of having a holding company here in Kenya to invest in ICTs, and do equity funding. you may get in touch,for further details. Pauline Muthigani Nordic Africa Technology
On 6/25/09, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Sent from my Watch©
Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Solomon Mburu P.O. Box 19343 - 00202 Nairobi Cell: (+254-0) 735 431041
Man is a gregarious animal and enjoys agreement as cows will graze all the same way to the side of a hill!
AND
It is better to die in dignity than in the ignomity of ambiguous generosity!
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
EACPs biggest complaint is that out of 10 proposals they get 9 dont make any business sense (some dont make english sense) There are many legal ways to protect your intelectual property. Also I believe that projects would be looked at individually and if they compete with the rest of the portfolio then bahati mbaya,be the first. VCs are not that evil, while you may have trust issues,they are also trusting you with THEIR money so you just need to be sure that your values and theirs align. On Fri, Jun 26, 2009 at 2:40 PM, Evans Ikua <ikua.evans@gmail.com> wrote:
Looking at EACP, how much can one trust a VC with an idea that may compete with their portfolio? Or one that they can steal and enhance what they already have?
How do you deal with VCs in terms of Intellectual property?
On Fri, Jun 26, 2009 at 2:07 PM, Solomon Mburu <solo.mburu@gmail.com>wrote:
I think Skunks we can come together and deliberate on developing a proposal or even a concept paper then approach these capital venture Companies and get this USD 100 million chest!!!
Phares, Washintgon et al....?
2009/6/26 Joram Mwinamo <joram.mwinamo@gmail.com>
There is also East Africa Capital Partners that focus on technology.
Google them. If you have a great proposal they are your best bet in Kenya they have USD 100 million war chest....
On Fri, Jun 26, 2009 at 12:53 PM, Pauline Muthigani < pauline.muthigani@gmail.com> wrote:
Hello, I have partners from USA , and we are in process of having a holding company here in Kenya to invest in ICTs, and do equity funding. you may get in touch,for further details. Pauline Muthigani Nordic Africa Technology
On 6/25/09, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Sent from my Watch©
Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Solomon Mburu P.O. Box 19343 - 00202 Nairobi Cell: (+254-0) 735 431041
Man is a gregarious animal and enjoys agreement as cows will graze all the same way to the side of a hill!
AND
It is better to die in dignity than in the ignomity of ambiguous generosity!
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Sent from my Watch© Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
Problem with "us" techies is we expect to be babysitted. We all want a guy who will give you cash to sustain ur idea right from inception to execution. If you are serious about Venture capital then the model you should consider the Ycombinator model. http://en.wikipedia.org/wiki/Y_Combinator. Implement ur idea then approach a VC. You never approach them if you jst have ideas in your head. Mugambi On Fri, Jun 26, 2009 at 2:46 PM, Joram Mwinamo <joram.mwinamo@gmail.com>wrote:
EACPs biggest complaint is that out of 10 proposals they get 9 dont make any business sense (some dont make english sense)
There are many legal ways to protect your intelectual property. Also I believe that projects would be looked at individually and if they compete with the rest of the portfolio then bahati mbaya,be the first.
VCs are not that evil, while you may have trust issues,they are also trusting you with THEIR money so you just need to be sure that your values and theirs align.
On Fri, Jun 26, 2009 at 2:40 PM, Evans Ikua <ikua.evans@gmail.com> wrote:
Looking at EACP, how much can one trust a VC with an idea that may compete with their portfolio? Or one that they can steal and enhance what they already have?
How do you deal with VCs in terms of Intellectual property?
On Fri, Jun 26, 2009 at 2:07 PM, Solomon Mburu <solo.mburu@gmail.com>wrote:
I think Skunks we can come together and deliberate on developing a proposal or even a concept paper then approach these capital venture Companies and get this USD 100 million chest!!!
Phares, Washintgon et al....?
2009/6/26 Joram Mwinamo <joram.mwinamo@gmail.com>
There is also East Africa Capital Partners that focus on technology.
Google them. If you have a great proposal they are your best bet in Kenya they have USD 100 million war chest....
On Fri, Jun 26, 2009 at 12:53 PM, Pauline Muthigani < pauline.muthigani@gmail.com> wrote:
Hello, I have partners from USA , and we are in process of having a holding company here in Kenya to invest in ICTs, and do equity funding. you may get in touch,for further details. Pauline Muthigani Nordic Africa Technology
On 6/25/09, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Sent from my Watch©
Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Solomon Mburu P.O. Box 19343 - 00202 Nairobi Cell: (+254-0) 735 431041
Man is a gregarious animal and enjoys agreement as cows will graze all the same way to the side of a hill!
AND
It is better to die in dignity than in the ignomity of ambiguous generosity!
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
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-- Sent from my Watch©
Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
On Grofin: They fund based on the information presented in the proposal i.e if it makes business sense Yes, they do equity funding If your proposal goes through, you pay a small nominal fee for the amount you are applying for and then the amount is paid back to them within a period of 4-6 years, at rates starting at 20% per annum and above!!!- i guess coz of the risk will send more information as i find out On 6/26/09, Daniel Mugambi <danielmugambi@gmail.com> wrote:
Problem with "us" techies is we expect to be babysitted. We all want a guy who will give you cash to sustain ur idea right from inception to execution. If you are serious about Venture capital then the model you should consider the Ycombinator model. http://en.wikipedia.org/wiki/Y_Combinator. Implement ur idea then approach a VC. You never approach them if you jst have ideas in your head.
Mugambi
On Fri, Jun 26, 2009 at 2:46 PM, Joram Mwinamo <joram.mwinamo@gmail.com>wrote:
EACPs biggest complaint is that out of 10 proposals they get 9 dont make any business sense (some dont make english sense)
There are many legal ways to protect your intelectual property. Also I believe that projects would be looked at individually and if they compete with the rest of the portfolio then bahati mbaya,be the first.
VCs are not that evil, while you may have trust issues,they are also trusting you with THEIR money so you just need to be sure that your values and theirs align.
On Fri, Jun 26, 2009 at 2:40 PM, Evans Ikua <ikua.evans@gmail.com> wrote:
Looking at EACP, how much can one trust a VC with an idea that may compete with their portfolio? Or one that they can steal and enhance what they already have?
How do you deal with VCs in terms of Intellectual property?
On Fri, Jun 26, 2009 at 2:07 PM, Solomon Mburu <solo.mburu@gmail.com>wrote:
I think Skunks we can come together and deliberate on developing a proposal or even a concept paper then approach these capital venture Companies and get this USD 100 million chest!!!
Phares, Washintgon et al....?
2009/6/26 Joram Mwinamo <joram.mwinamo@gmail.com>
There is also East Africa Capital Partners that focus on technology.
Google them. If you have a great proposal they are your best bet in Kenya they have USD 100 million war chest....
On Fri, Jun 26, 2009 at 12:53 PM, Pauline Muthigani < pauline.muthigani@gmail.com> wrote:
Hello, I have partners from USA , and we are in process of having a holding company here in Kenya to invest in ICTs, and do equity funding. you may get in touch,for further details. Pauline Muthigani Nordic Africa Technology
On 6/25/09, Martin Njuguna <mnjuguna@gmail.com> wrote:
> Hi Skunks, > > Has anyone dealt with venture capital firms/individuals in Kenya? Are > there firms out there who do equity funding as opposed to traditional > loans > structure? > > > Martin S. Njuguna > > > _______________________________________________ > Skunkworks mailing list > Skunkworks@lists.my.co.ke > http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks > Other services @ http://my.co.ke > Other lists > ------------- > Skunkworks announce: > http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce > Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science > kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general > >
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Sent from my Watch©
Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Solomon Mburu P.O. Box 19343 - 00202 Nairobi Cell: (+254-0) 735 431041
Man is a gregarious animal and enjoys agreement as cows will graze all the same way to the side of a hill!
AND
It is better to die in dignity than in the ignomity of ambiguous generosity!
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Sent from my Watch©
Our greatest fear is not that we are inadequate,but that we are powerful beyond measure.It is our light, not our darkness, that frightens us.There is nothing enlightened about shrinking so that other people won't feel insecure around you.As we let our own light shine, we consciously give other people permission to do the same. As we are liberated from our fear,our presence automatically liberates others.
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- Martin S. Njuguna CEO Digital Vision Limited Kitengela Road, Langata, Nairobi P.O Box 40721 00100 t:+254-20-21 33 865 c:+254 721 440 543 e:martin@digitalvision.co.ke w: http://www.digitalvision.co.ke Skype: digitalv.ke
Venture capitalist?? No...but I know a few Private Equity Firms.....but most, like to buy existing companies.....change management...infuse capital...grow the company 4r 3 years or so...then do an IPP (Initial Private Placement) ......OR even sell their stake in the company. They prefer ICT,Tourism and Manufacturing especially Food processing. But you have to have a tight busniess plan. But try Business PARTNERS iNTERNATIONAL..they are good because apart from loans they also do mentorship. You can also talk to me of list.......as well On Thu, Jun 25, 2009 at 7:55 AM, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
Hi, I know a couple of venture capital providers, and some more willing investors. However, I've been tinkering with the idea of a business grounding course for Skunkworks, get a few successful local ICT entrepreneurs along with some of the venture capital providers in some form of one day workshop. May answer some of the questions on the list. Anyone game for this? Thanks. On 6/27/09, Joseph McDonald <mcdonaldoj@gmail.com> wrote:
Venture capitalist?? No...but I know a few Private Equity Firms.....but most, like to buy existing companies.....change management...infuse capital...grow the company 4r 3 years or so...then do an IPP (Initial Private Placement) ......OR even sell their stake in the company.
They prefer ICT,Tourism and Manufacturing especially Food processing.
But you have to have a tight busniess plan.
But try Business PARTNERS iNTERNATIONAL..they are good because apart from loans they also do mentorship.
You can also talk to me of list.......as well
On Thu, Jun 25, 2009 at 7:55 AM, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
-- With Regards, Phares Kariuki | T: +254 734 810 802 | E: pkariuki@gmail.com | Twitter: kaboro | Skype: kariukiphares |
You know what...Skunk works and Kictanet can come together and the members can form a Venture capital firm. And all skunks can buy shares in it....we can support inovative ideas...buy small ICT capanies...training companies etc plus we can leverage our investments with other Private Equity Firms. We need to identify problems and offer solutions to them. On Thu, Jun 25, 2009 at 7:55 AM, Martin Njuguna <mnjuguna@gmail.com> wrote:
Hi Skunks,
Has anyone dealt with venture capital firms/individuals in Kenya? Are there firms out there who do equity funding as opposed to traditional loans structure?
Martin S. Njuguna
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science - http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi - http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
participants (10)
-
Consult-Digital Vision -
Daniel Mugambi -
Evans Ikua -
Joram Mwinamo -
Joseph McDonald -
Josiah Mugambi -
Martin Njuguna -
Pauline Muthigani -
Phares Kariuki -
Solomon Mburu