Investing in the Next 100 Years
Host
Producer
Status
Platform used
Zencastr, Twitter, Discord
Sponsors
Recorded link
Date & Time
Apr 20, 2022
Episode
4
Guest & Project
Erikan/Audacity Fund
show note
Season
Property
Background Research
- Invests in Black/African projects that leverage the blockchain (mostly focus on DeFi)
- Grew up in California, family from Nigeria
- Worked at LinkedIn before founding Audacity Fund
- Founder Crypto for Black Economic Empowerment
Questions:
Intro - Erikan Obotetukudo
- On your crypto story, your first foray into the space was hindered by the dreaded KYC of Coinbase, how did that translate into you creating the Audacity Fund? ✅
- What is a venture fund? What is something you wished people knew about them? ✅
Body
- I guess the biggest question on everyones mind is why are venture funds not easily accessible for African founders? Why is it so difficult for people to invest in us? ✅
- From where & how do vc funds do their fund raises? ✅
- What is your funding mandate? Are you looking for specific size deals or just good ideas in general? ✅
- Is your challenge in finding good quality deals or is it finding good quality deals of a specific ticket size? ✅
- Are you as heavily regulated as the mainstream funds or does being in crypto offer you a certain type of freedom? ✅
- You are a woman, you are young, for something that seems to still be a thorn for some people, has that impacted how people treat you & subsequently the fund?
- What would it take in your opinion for the institutions to bring their funds into the space with a focus on the African economy?
- What could you say you learned about Black people and their attitude/relationship to/with finance in your tenure at LinkedIn working around Asset Management? ✅
Outro
- 3 words - What is your general feeling about the space?
- “If you are not shameless you are not serious.”
Intro
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