This episode features Francis Sani who is the Principal at Magic Fund
MAGIC Fund is a $30M early-stage venture capital fund built by founders for founders. The fund has backed 70+ tech startups around the world including Bamboo Carrot, Mono, Oxygen, and many more.
In this episode, we discussed Francis' journey getting into the innovation ecosystem and transitioning to a Venture Capital role.
-Magic fund's investment thesis, investment size and deal structure.
-The range of equity Magic fund aim for in a priced round.
- How they find/ source investment deals.
-How long it takes to make an investment decision
-Reporting requirements from startups after investments
Most interestingly we discussed why Francis sold all my stuff and left Lagos to become a digital nomad.
Check out Francis's adventures here: https://mimh.substack.com/p/1-month-a-nomad-a-two-edged-sword?s=r
Learn more about Magic fund here: www.magic.fund