Entrepreneurship

Every Venture Backed Startup is Now Competing for Reserves

Every Venture Backed Startup is Now Competing for Reserves

So much has changed in venture capital since the start of the year, and many founders don’t fully understand it. It’s just a radically different business than it was in January. And founders don’t really need to understand all the changes in venture capital. But they should understand some. One is the concept of “reserves”, …

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Oui Capital, a pan-African early-stage VC firm, hits first close of its $30M second fund – TechCrunch

Oui Capital, a pan-African early-stage VC firm, hits first close of its $30M second fund – TechCrunch

Oui Capital, an Africa-focused VC firm based in Lagos and Massachusetts, announced today that it has completed the first closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen its presence on the continent. The firm, founded in 2019 by Olu Oyinsan and Francesco Andréoli, launched its debut …

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This Black-owned coworking space aims to advance and support women of color: NPR

This Black-owned coworking space aims to advance and support women of color: NPR

Blackbird Collective, located in Culver City, Calif., was created with the intention to empower women of color and allies in the entrepreneurship and creative fields to create positive change for each other and the world. Here, a portion of the workspace used by members. Mahogany & Co. hide caption toggle caption Mahogany & Co. Blackbird …

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Seton Hill wrestler finds ‘overnight success’ in mobile car detailing business

John Meyers has come a long way as an entrepreneur since charging admission to a haunted house he crafted in a backyard shed as a kid. Now, the Seton Hill University redshirt sophomore wrestler owns and operates a mobile car detailing business, Super Mobile Detail. “I wanted to do something I love, something that’s fun,” …

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4 Mindset Milestones Entrepreneurs Need to Reach for Success

4 Mindset Milestones Entrepreneurs Need to Reach for Success

Opinions expressed by Entrepreneur contributors are their own. Having a proper business mindset is a recommendation we’ve all heard upon starting a new exciting business endeavor. But what exactly stays behind the words “proper business mindset?” In a nutshell, it represents a certain way of thinking that implements various growth strategies, people skills and approaches …

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“We're a startup that is not playing with minds;  we are playing with hearts.”

“We’re a startup that is not playing with minds; we are playing with hearts.”

Knowing why someone is doing something is important to May Piamenta, co-founder and CEO of Vee. Understanding a person’s purpose can change the picture you have of them. She shares that everyone has their own why and their own causes they want to support, and Vee aims to help connect people to opportunities to help. …

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Investors steer clear of African startups with only local faces

Investors steer clear of African startups with only local faces

By VINCENT OWINO When Kune Food was established in Kenya last year, the company quickly raised seed capital of $1 million to solve a problem that seemed non-existent. Last month, just 10 months after starting operations, it shut down. Kune’s business model was “to provide great food at a cheap price and create a strong …

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Here's Why You Should Wait Until After You've Started Your Business to Acquire the Correct Skills

Here’s Why You Should Wait Until After You’ve Started Your Business to Acquire the Correct Skills

Opinions expressed by Entrepreneur contributors are their own. “But I’m not an expert. I have no degree or credentials. How can I start a business? No one will take me seriously, let alone pay me.” I hear this all the time from my students. I patiently remind them that I’m a high school dropout, and …

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