E13 (4/28/23): Mr Eazi sells Zagadat Capital for $1 Billion, Autochek's Acquisition Spree, Q1 Breakdown of Startup Funding

This week was quite eventful as we delved into three interesting topics. First up, Autochek, an auto tech company, went on another acquisition spree and acquired Autotager in Egypt. This move is part of their strategic plan to expand to North Africa. Next up, the Guardian published a report that had our jaws dropping! Apparently, Mr. Eazi sold his capital firm, Zagadat Capital, for a whopping $1 billion. Can you imagine that? On a more serious note, we also took a closer look at the Q1 breakdown of startup funding. The numbers were released this week and we found some concerning as well as positive trends. To wrap things up, we chatted about the recent news of Tony Elumelu and Femi Otedola acquiring massive shares of Transcorp. Interestingly, Otedola exited his position shortly after acquiring his shares and we had a lively discussion on the potential reasons behind his decision. You can follow Squord on Twitter, Instagram, LinkedIn, join our community on our website or email us at [email protected]