BitKE caught up with the Co-Founder of Better Tomorrow Ventures (BTV), Sheel Mohnot, to talk about the venture capital space and how it works.
BTV is one of the earliest investors into Chipper Cash, one of the most successful fintechs in Africa.
BTV has also invested in Smile Identity, a startup that offers data processing and KYC services to some of the leading crypto exchanges in Africa such as Binance.
“Don’t be afraid to fail. Don’t afraid to try new things.” – Sheel Mohnot
In this discussion, we discuss:
- What do VCs actually do?
- What do you consider on where to invest?
- What is the path of least resistance to get funding
- How do you pitch to an investor?
- Wh do you invest early in startups?
- Why did you invest in Chipper Cash?
- What is your personal perspective on Africa?
- Any peculiarities between Africa and the West?
- The Catalyst Fund
- What is your opinion of crypto investments in Africa?
- What are the common hindrances in fintech?
- Sage advice to entrepreneurs building in Africa
Learn more about BTV here:
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RECOMMENDED READING: What VCs Look for in African Startups
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