African startups are unprepared for exits
- Freda Isingoma and Ariel White-Tsimikalis discussed the rarity of successful exits in Africa despite increased funding rounds.
- Many African startups are not built with exit-readiness in mind, leading to challenges in attracting buyers.
- Common issues include weak governance, fragmented ownership, and poor documentation that hinder exit opportunities.
The discussion on exit-readiness in Africa underscores a critical gap in the startup ecosystem. Founders must shift their focus from immediate funding to building sustainable businesses that are attractive to potential buyers. This shift is essential for fostering a more robust exit landscape that can ultimately benefit the broader economy.
