In the past decade, more than 50 startups have raised $1m or more cumulatively in West Africa. And while 90% of startups fail, only 5.9% of these set of startups have done so thus far.…
“Our requests went from 80+ daily to less than 10.” — Tora Africa ex-CMO, Ized Uanikhehi, shares the company’s failure story
TORA Africa was known to recruit and train riders for ride-hailing and logistics companies like ORide until it shut down in March. Here, Ized Uanikhehi, ex-CMO, shares its 10-month journey as a startu…
“Our car rescue-on-demand startup, AutoSave would have survived if we had funds for marketing” — co-founder, Ifeoluwa Popoola
AutoSave, a web-based platform connecting mechanics to car owners, thrived from 2014 until mid-2017 when the founders decided to halt operations. An interview with the co-founder reveals why…
When to hang up the boots as a startup founder
How do startup founders know when to give up? Aside from intuition, we are able to glean from startup ‘autopsies’ other signs that show it’s time to walk away from an ailing startup.…
Is your startup failing? Tell your employees
Transparency with employees about business growth may not prevent imminent lay offs, but it will lessen the heartbreak that comes with sudden job loss. Here is why and how startup founders should prep…
