Nigeria Launches Dollar Amnesty Program to Revive Struggling Naira
Nigeria introduces 9-month amnesty program to bring dollars held outside banks back into circulation, aiming to revive the struggling naira.
Alexis Rowe
In a significant shift, family offices have become increasingly active investors in startups, both directly and through their venture capital investors. This trend is expected to continue, with family offices seeking strategic growth opportunities in the startup ecosystem.
According to industry experts, including Elle Family Office Principle Eti Lazarian and Keebeck Wealth Management CEO & Founder Bruce Lee, family offices are attracted to startups that offer unique value propositions and scalable business models. These investors are willing to take on calculated risks, but their investment criteria differ from traditional venture capital firms.
The growing involvement of family offices in startup investments presents new opportunities for entrepreneurs seeking funding. However, it also requires startups to adapt their pitch and strategy to appeal to these distinct investors. As the startup ecosystem continues to evolve, understanding the investment trends and preferences of family offices will be crucial for entrepreneurs seeking to secure funding and drive growth.
With their unique risk appetites and investment criteria, family offices are poised to play a significant role in shaping the startup landscape. As this trend continues to gain momentum, startups that can effectively tap into this new source of funding will be well-positioned for success.
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