Trajectory 2019 Year in Review

Trajectory #1: B2B Rental Models A couple months ago I wrote The Rental Economy, an article about a growing wave of consumer startups I have seen that allow consumers to rent an asset or good as opposed to buy it. The article was picked up by Axios in their coverage of the issue as part of a surge Expand

 

OPay and Nigeria’s Mobile Money Wars

This piece was originally published in my newsletter Emergent. Fintech has proved to be one of the most fertile categories for entrepreneurs to innovate in globally over the past decade. Finance is the engine that powers an economy both at an individual level – bank accounts, mortgages and credit – and at a business level – Expand

 

Rappi: LATAM’s Super App

This piece was originally published in my newsletter Emergent. Latin America’s market of 650 million people has long tempted entrepreneurs and investors as a region on the cusp of huge economic growth and an exciting place to innovate and invest. Despite this, the region has struggled through numerous crises ranging from civil wars, poor governance and Expand

 

Byju’s: The World’s Most Valuable Edtech Startup

This piece was originally published in my newsletter Emergent. Attending school and education are a right of passage for kids worldwide and of critical importance in an increasingly complex world. Despite the importance of education, the field has changed little over the past 100 years. However, the burgeoning educational technology sector – “edtech” – is promising Expand

 

GoTo and Southeast Asia’s Super App Wars

This piece was originally published in my newsletter Emergent. The merger of GoJek and Tokopedia will create one of the largest technology companies in the world:  Total Group Gross Transaction Value (GTV) of over $22 billion in 2020 Over 1.8 billion transactions in 2020 Total registered driver fleet of over two million as of December 2020 Expand

 

Getir: From Turkey to the World?

Is Getir the first global Turkish startup? This piece was originally published in my newsletter Emergent. My name is Mikal – I’m an early-stage tech investor and I was born in Asia, grew up in Africa and now live in the US. Every week I break down a fast-growing business in an emerging market to understand Expand

 

Nubank: The World’s Biggest Digital Bank

This piece was originally published in my newsletter Emergent. My name is Mikal – I’m an early-stage tech investor and I was born in Asia, grew up in Africa and now live in the US. Every week I break down a fast-growing business in an emerging market to understand its product, market and growth strategy.  This Expand

 

Udaan: India’s Biggest Digital Wholesaler

This piece was originally published in my newsletter Emergent. My name is Mikal – I’m an early-stage tech investor and I was born in Asia, grew up in Africa and now live in the US. Every week I break down a fast-growing business in an emerging market to understand its product, market and growth strategy.  This Expand

 

Meituan: Food + Platform

This piece was originally published in my newsletter Emergent. My name is Mikal – I’m an early-stage tech investor and I was born in Asia, grew up in Africa and now live in the US. Every week I break down a fast-growing business in an emerging market to understand its product, market and growth strategy.  This Expand

 

Tokopedia: Indonesian Ecommerce Giant

This piece was originally published in my newsletter Emergent. The War for the Indonesian Ecommerce Market Southeast Asia is the fastest growing economic region in the world – growing over 5% per year. The region has been transformed in the last decade with ecommerce and digital payments in particular having grown exponentially. One of the Expand

 

Jumia: Amazon of Africa?

The Rise of African Ecommerce Overview 2020 was an explosive year for ecommerce globally, with ecommerce businesses seeing their revenues soar, profits increase and valuations climb. One of the biggest beneficiaries of this trend was Jumia, which saw its valuation soar from lows of ~$2.50 in March of 2020 to highs of $65 recently. Jumia Expand