bill zimmerman - limbe labs
DESCRIPTION
Bill Zimmerman talks about Limbe Labs at Africa Gathering DC 2010TRANSCRIPT
Bill ZimmermanFounder, Limbe Labs Ventureslimbelabs.com/ventures
@billzimmerman
“Between 1980 and 2005, virtually all net new jobs created in the U.S. were created by firms that were 5 years old or less.”
Question: Can an African tech entrepreneur change the world?
African startup founders face a multitude of challenges.
Seed stage financing is lacking, the so-called funding gap.
Without a network, entrepreneurs are often left to navigate alone.
The Limbe Labs Ventures approach.
Private equity and successful exits.
VC4Africa
Can startup financing & business expertise be crowdsourced?
How can an African tech entrepreneur change the world?
Commerce and innovation, led by entrepreneurs, gives rise to citizen empowerment.
Devolution of Authority
Empowerment of Citizens