TLDR:
– Venture investing is not just for venture capitalists; governments and corporations should also engage in venture investing due to its philosophy of risk versus returns.
– Venture investing involves investing resources into a process with the potential for big positive returns, even if there is a risk of losing everything.
– Africa’s technology ecosystem and economy can only grow if companies take part in venture investing, not just by providing capital but also by investing in ventures across all aspects of the economy and social structure.
The core concept of venture investing is not exclusive to venture capitalists, but rather a philosophy about risk versus returns that anyone can engage in. Governments and corporations should take part in venture investing because it involves investing resources into a process with the potential for big positive returns, even if there is a risk of losing everything. By engaging in venture investing, large organized groups like governments and corporations can maintain dynamism and foster progress. Africa’s technology ecosystem and economy can only thrive if mature companies participate in venture investing, not only by providing capital but also by investing in ventures across all aspects of the economy and social structure. This article emphasizes the importance of venture investing in achieving significant positive outcomes and calls for more companies, both local and international, to engage in venture investing activities.
