×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Steps Kenyan startup founders can take to optimise success

Vocalize Pre-Player Loader

Audio By Vocalize

Africa Lead at Standard Chartered Bank's fintech investments and ventures arm, Dan Karuga. [Courtesy]

Last year was tough on Kenyan startups and the trend continues with recent casualties such as e-commerce firms Copia and MarketForce.

Startups failing is not a new phenomenon - Founders Factory Africa estimates that 20 per cent of startups fail within a year and 90 per cent ultimately fail. As such, startup failures in Kenya, or indeed other parts of the world, should not be viewed with a harsh lens.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Rugby
How broken league is derailing Kenya Lionesses' future
Athletics
Adak wants media to report doping issues with precision
By AFP 1 day ago
Premier League
Liverpool boss Slot says Salah victim of 'his own standards'
By AFP 1 day ago
Football
Real Madrid face Man City, PSG draw Chelsea in Champions League last 16