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OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint - Education - Nairaland

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OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by HigherEd: 1:42pm On Oct 30, 2020
On Monday, October 5, 2020, Techpoint Africa launched its West African Startup Decade Report. The report focuses on the funding activities of startups in the tech space between 2010 and 2019. It contains a breakdown of funding activities by startup industries, the origin of investors, and industry spotlight, among others.

It is noteworthy that only Millionaire West African Startups (MWAS) — startups in the West African region that raised $1 million cumulatively — within the period under review were considered in the report.

Zeroing in on the education of the startup founders revealed that Obafemi Awolowo University (OAU) and Covenant University (CU) produced 12 and 6 alumni, respectively, to occupy first and second spot in the institution breakdown by first degree.




Interestingly, a common trend was that MWAS founders from the same tertiary institution founded companies together.

Kudi, for instance, has a couple of MWAS founders from the Obafemi Awolowo University; other startups with founders from OAU are TeamApt, Terragon, Farmcrowdy, 54gene, SlimTrader, and PropertyPro.

Covenant University also produced founders whose startups — PiggyVest, MDAAS, and Kora Network — featured in the report.

It would appear that these institutions either have a knack for producing alumni who go on to found successful startups or these alumni maintain a network, post-graduation, that allows them to come together and start these companies.

Whatever the reason, these institutions provided the most MWAS founders in the last decade. To find out more, get the West African Startup Decade Report.


NEW REPORT ALERT: “Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Find out more in the full report.
Listen to Built in Africa, a podcast by Techpoint Africa


https://techpoint.africa/2020/10/29/oau-cu-mwas/


Lalasticlala

3 Likes

Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by DenreleDave(m): 2:02pm On Oct 30, 2020
grin
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by grandiose4ever: 2:07pm On Oct 30, 2020
Nice one from Nigeria's young.
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by CodeTemplar: 3:00pm On Oct 30, 2020
. . .
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by Frenchkiss564: 3:19pm On Oct 30, 2020
As a nairalander once said, the southwest is Nigeria's CPU

2 Likes

Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by Generalwoodz(m): 10:15pm On Oct 30, 2020
Nigeria issa land gifted with illustrious sons and daughters but cursed with bad handlers at the helm
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by ANTONINEUTRON(m): 11:27pm On Oct 30, 2020
This article Sha
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by Geestarry(f): 12:18am On Oct 31, 2020
Impressive
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by Ebenezer202I: 10:27am On Oct 31, 2020
[s]
HigherEd:
On Monday, October 5, 2020, Techpoint Africa launched its West African Startup Decade Report. The report focuses on the funding activities of startups in the tech space between 2010 and 2019. It contains a breakdown of funding activities by startup industries, the origin of investors, and industry spotlight, among others.

It is noteworthy that only Millionaire West African Startups (MWAS) — startups in the West African region that raised $1 million cumulatively — within the period under review were considered in the report.

Zeroing in on the education of the startup founders revealed that Obafemi Awolowo University (OAU) and Covenant University (CU) produced 12 and 6 alumni, respectively, to occupy first and second spot in the institution breakdown by first degree.




Interestingly, a common trend was that MWAS founders from the same tertiary institution founded companies together.

Kudi, for instance, has a couple of MWAS founders from the Obafemi Awolowo University; other startups with founders from OAU are TeamApt, Terragon, Farmcrowdy, 54gene, SlimTrader, and PropertyPro.

Covenant University also produced founders whose startups — PiggyVest, MDAAS, and Kora Network — featured in the report.

It would appear that these institutions either have a knack for producing alumni who go on to found successful startups or these alumni maintain a network, post-graduation, that allows them to come together and start these companies.

Whatever the reason, these institutions provided the most MWAS founders in the last decade. To find out more, get the West African Startup Decade Report.


NEW REPORT ALERT: “Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Find out more in the full report.
Listen to Built in Africa, a podcast by Techpoint Africa


https://techpoint.africa/2020/10/29/oau-cu-mwas/


[/s] TRASH.
How much is Blood Covenant University paying you for all this RUBBISH?
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by UndauntedYOCA(f): 10:27am On Oct 31, 2020
Awesome! I use Piggyvest and I think it's amazing!
Re: OAU, Covenant Produces Highest Number Of Millionaire Startups - Techpoint by Uyi168: 10:36am On Oct 31, 2020
Audio millionaire..
tongue

(1) (Reply)

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