
Lexi Novitske is a General Partner at Norssken22, who just launched Africa's second-largest VC fund. Timestamps:(1:05) How to raise a $205m fund during a global downturn(3:50) Current growth stage valuations and how to deal with unreasonable prices(5:38) Growth deals that require restructuring(9:44) Debt requirements for growth-stage companies(11:28) Norrsken's thesis in financial services(13:27) Thesis behind investing in Shara(14:18) Overfunded fintech models(15:53) Thesis behind investing in Sabi(18:37) Living in Lagos(20:36) Thinking like a growth stage investor vs. early stage investorReferences:Sabi - https://techcrunch.com/2023/05/19/afr...Shara - https://www.crunchbase.com/organizati...Listen on other platforms:Apple: coming soonSpotify: coming soonWhere to find Lexi:Twitter : / anovitske LinkedIn: / lexi-novitske-cfa-a5054a4 Where to find Kyane:Twitter: / kyanekassiri Linkedin: / kyanekassiri Learn more about Rally Cap: https://techcrunch.com/2022/05/05/ral...Check out our Climate Newsletter: / rallycapclimate