Launch Africa's Exit Expert: African Startups have to IPO скачать в хорошем качестве

Launch Africa's Exit Expert: African Startups have to IPO

Kartik Sharma is the Head of Exits at Launch Africa Ventures, one of Africa's leading Pan-African VC funds. He's been with Launch Africa since day one, when they were a three-person team and has helped deploy $31M across 133 startups in 24 markets across Africa. Now, he's figuring out how to actually exit those positions. In this episode, we explore the hardest part of African venture capital that nobody talks about: exits. 00:00 Intro 00:40 How Kartik Got Into African VC 03:35 Launch Africa's Pan-African Strategy Explained 03:53 Building a Fund From Day One: The Early Days 06:08 How His Role Evolved From Analyst to Head of Exits 06:46 Why Exits Are Harder Than Investing in African VC 08:52 Moving From Portfolio Management to Exit Strategy 10:01 The 4 Real Exit Pathways for African VCs 11:09 Building an Internal Investment Banking Function 12:02 The Challenge of Selling SAFEs 12:42 Creating the Launch Africa Safe Purchase Agreement 13:26 From 6 Months to 2 Weeks: Shortening Secondary Deal Timelines 14:17 How African VCs Actually Exit Their Positions 15:53 Why M&A Dominates African Tech Exits 17:10 Kartik's IPO Thesis: The Missing Piece Everyone's Ignoring 17:54 The Jumia Example: Why African IPOs Can Work 18:42 The Chicken-and-Egg Problem With African Stock Exchanges 20:46 Why VCs Are Creating False Pressure on Startups to Sell 21:49 Kartik's 2026 Goal: List an African Tech Company 23:01 Why Launch Africa Is a 5-Year Fund (Not 10 Years) 23:59 What Revenue Size Do You Need to IPO in Africa? 26:00 Why African Liquidity Exists (If You Look For It) 27:30 The Biggest Mistakes Founders Make That Kill Exits 28:04 Why Benchmarking Too High at Seed Stage Is Fatal 29:09 The Timeline Mismatch Problem Between Investors 30:16 3 Questions Founders Should Ask Before Accepting Money 32:06 How LPs Should Vet African VC Funds 34:39 How Launch Africa Built Deal Pipeline 38:48 Where to Find Kartik & Outro Follow Kartik: LinkedIn: https://bit.ly/44pjwwW Follow Launch Africa: Website: https://bit.ly/44qSKV7