VBAN Members – Q&A With Tony Chen

What is your personal background? I was born and raised on the East Coast of America. My family and I had lived in Chicago for 15 years before coming to Kenya in 2015. I earned a BS in Chemical Engineering from Cornell University and an MBA from Northwestern Kellogg School of Management. After leaving corporate about 10 years ago, I’ve been a serial entrepreneur, starting businesses in digital, data, as well ...

It’s About Time We Considered Angel Investing!

The recently concluded EAVCA’s (East Africa Private & Venture Capital Association) conference was attended by global limited partners, local institutional investors, regulators and private equity investors to discuss and debate the opportunities driving the growth of investments in East Africa. Keynote speakers and panelists addressed the region’s deal landscape and examined the growth of Private Equity in the region over the past decade. The convening also hosted conversations on the state of ...

Jason Musyoka – Viktoria Business Angels Network

Jason Musyoka has joined the ViKtoria Ventures team to run the Viktoria Business Angel Network. In his role, he will interact with the business angel investors who are members in the network as well as those who are looking to sign up. He is also responsible for screening and analyzing startups that are looking for investments before pitches to angel investors, during the pitch and networking meetups. Prior to joining ...

Startup Scene in Lagos

Hot, humid and lots of hooting sums up my first impression of Lagos. However, by the time I left four days later, I had another H to describe my experience. Hustle! Traditionally the word refers to a state of great activity which at face value also defines Lagos perfectly. The urban dictionary defines hustle as having courage, confidence, self-belief and self-determination to go out there and work it out until ...

VBAN Early Stage Investing Strategy

Viktoria Business Angels Network (VBAN) launched the 2018 Master Class series at the Nairobi Innovation Week which was held in Nairobi last week. The Master Class on Early Stage Investing Strategy taught by Stephen Gugu was held on 6th March and attended by 35 interested angel investors. The participants were able to explore on a personal level how much time they want to invest, the type of investment, the form ...

Why Attend Angel Investing Master Classes?

Angel Investing may conjure images of people in business suits with wings and halos to match. However, it is far less supernatural and quite within your reach. The term “angel” originated from the Broadway Theater when wealthy individuals gave money to propel theatrical productions. It was solidified as a term when used by a professor at the University of New Hampshire when he pioneered a study on how entrepreneurs raised ...

2 Deals and Counting: Lessons from Group Angel Investing

After 4 years consulting for early stage startups, Viktoria Solutions rebranded to Viktoria Ventures. This was a strategic move; taking into account our experiences, lessons learned and challenges facing early stage tech entrepreneurs in Kenya and across Africa. 2010 - 2014 We started out working with incubators and accelerators acting as their ‘entrepreneurship activation team’. We trained, coached and organised demo days with institutions like mLab, Tangaza College, Ibiz Africa and more. ...

Viktoria Business Angel Network Launch

Thursday 28th September goes down as the day that the ViKtoria Business Angel Network was launched. The ViKtoria Business Angel Network (VBAN) brings together local and international angel investors who want to make investments in a syndicated manner by pooling their expertise and funds together. The focus of the investments is in tech start-ups in East Africa. Stephen Gugu, the Principal at ViKtoria Ventures, the VBAN manager, talked about the ...

Nairobi Innovation Week 2017

The 3rd edition of Nairobi Innovation Week (NIW) was held at the University of Nairobi Towers from 6th – 10th March 2017. The Nairobi Innovation Week is an initiative by the Ministry of Industry, Trade and Cooperatives which brings together partners from government, private sector and research centers with an aim of providing a platform for show-casing innovative businesses within Kenya. The event was also geared towards creating concrete partnerships ...

Musings from an Angel Investor: What can we learn from Nigeria?

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I was in Lagos for three days attending the African Angel Investment Summit 2016. This was my third visit to Africa’s most populous country and I must say, with each visit, I get to learn more and see why it’s a force to be reckoned with. Estimates indicate that Nigeria has a population of over 200 million with Lagos, its largest city, having a population of more than 20 million. ...