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The startup landscape is changing rapidly. ❌ 1/4 of startups fail within the first year. ❌ By year 5, that number climbs to 50%. ❌ In FY23, US VCs lost a staggering $104.3B from failed investments. ✔ It's time to rewrite this narrative. Kenya, known for its vibrant startup ecosystem, has seen a surge in funding in recent years. However, even with significant capital, many Kenyan startups are facing challenges. A recent study revealed that one-third of startups that raised funds during the post-COVID boom are now struggling or have shut down. Why? Many of these startups focused on rapid growth over operational efficiency and lacked the resilience to weather market shifts. At Mangrove, we believe in empowering investors with the tools they need to make informed decisions. Our platform provides a rapid and cost-effective way to assess the underlying health and resilience of portfolio companies. By identifying potential vulnerabilities and strengths, investors can ensure a stronger ROI. Let's work together to build a more sustainable and successful startup ecosystem. If you want to learn more. Feel free to join in on Mangrove - Formerly Fixity #Whitespace - we want to educate everyone on resilience. We want resilience to be in the tool belt of every entrepreneur and venture capitalist. Why? Building businesses that last should be the new normal everywhere: ➡ 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻: Providing access to reliable and practical resources for building businesses. ➡ 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆: Fostering collaboration and knowledge sharing among entrepreneurs and investors. ➡ 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗦𝘆𝘀𝘁𝗲𝗺𝘀: Offering tools and guidance to help startups navigate challenges. #startup #venturecapital #financialhealth #investment #Kenya #startupfunding #businessgrowth #intuitive #scalable #resilience #buildbetter #scalefaster #failless

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