Review on FasterCapital by Olugbenga Ajayi
Faster capital is an accelerator with offices world wide
Faster capital is both an accelerator and incubator. This means that they help scale already existing business as well as investing in idea. The company was established in 2010 and it is strongly rooted with its lits large investor base that support with funds either by directly investing in faster capital itself as a shareholder or investing with startups. It already has as many as 80 offices worldwide and particularly of interest to ke as an African is learning that it has hibs in African countries.
Faster capital is of the opinion that with the large matket of non technical entrepreneur in the world, it will help more if technical support can be offered to such together with other needed mentorship in form of funding, training on innovation, marketing, provision of investor and many more. It provides even basic support like helping to writebor improve on business plan and marketing strategy.
Pros
- Faster capital is strong and has spanned more than a decade in the business and it is still thriving not struggling
- It has very large ecosystem of investora who are ready to invest in start-ups
- Both idea and existing business are welcome in faster capital
- It provides top technical support in different forms
- It is widely available in many countries
Cons
- Faster capital directly support with half the needed fund
