Startup Reality Check
Favour AkintoyeResearch on African technology companies. What’s actually working, what’s about to break, and why.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 46 | Founded | 10 months ago | Last Issue | 8 days ago |
| Active | |||||
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The Price of Opacity
Startup Reality Check
AFRICAN PRIVATE CAPITAL — #02
The Price of Opacity
By Favour Akintoye
A wrecked plane goes up for salvage, and the bidding starts before anyone hears the recorder.
Bidders walk the fuselage before they b...
The Black Box Problem in African Venture Capital
Startup Reality Check
AFRICAN PRIVATE CAPITAL — #01
The Black Box Problem in African Venture Capital
By Favour Akintoye
A black box is built for the moment nobody can explain what happened.
It records everything.
Altitude....
Startup Reality Check #30: Kuda — 5.8/10
Startup Reality Check #30: Kuda — 5.8/10
The Bank of the Free… Free to Join, Free to Leave
By Favour Akintoye
In 2021, when Kuda announced its Series B, it called itself “the bank of the free.”
No fees.
No minimum balance....
Startup Reality Check #29: Jumia — 6.4/10
Startup Reality Check #29: Jumia — 6.4/10
The Marketplace That Built the Road. Now It Has to Prove the Traffic Pays.
By Favour Akintoye
Every marketplace needs a road.
Jumia had to build one before it learnt to drive.
No addr...
Startup Reality Check #28: M-KOPA — 8.3/10
Startup Reality Check #28: M-KOPA — 8.3/10
The Lender That Beat One Border… Only to Find the Next One Inside Its Own Loan Book
By Favour Akintoye
It is early morning on the edge of Nairobi.
A conveyor belt moves in short, pati...
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Authors
The writers behind this newsletter.
I’m Favour Akintoye, an independent researcher interested in finance, companies, capital, institutions, and the mechanisms hidden beneath the numbers. I publish Startup Reality Check.
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