The Burrito Bond

The early stages of a startup often feel like a bit of an emotional roller-coaster. One day you’re full of confidence, the next you’re wondering if you’re crazy….

That’s why it was such an uplifting experience to sit down at the popular burrito joint Chilango yesterday in the Angel neighborhood in London and see this:

burrito

Alongside our order of two delicious pork belly burritos, we could check out Chilango’s crowdinvesting campaign on Crowdcube, one of the UK’s leading crowdinvesting platforms.

Think about it: for the first time, Chilango fans can invest in the company whose product they are holding in their hands while sitting in the actual store! It is, quite literally, hands-on investing.

For me this is the purest form of investment: you get interested first and foremost because you know the product is great. What comes after is a careful analysis of the company’s growth plans and how the investment fits your own risk/return profile.

Chilango has created a great video for this campaign too, in addition to getting their whole staff to wear catchy “Burrito Bond” t-shirts. It became clear that this crowdinvesting campaign was about team building and brilliant marketing in addition to capital raising – three wins for Chilango!

I look forward to having more of these experiences in other parts of the world as crowdinvesting awareness grows. And of course, I simply cannot wait for LelapaFund’s first company to campaign for funds – what a tremendously exciting prospect!

– Libby

Safari Njema LelapaFund

As Libby‘s journey in Nairobi is coming to an end (I’m still around and will keep running on the roads of Kilimani for 2 days – lucky guy), we start looking back at our achievements over the past couple of days.

This trip to NBO has been a giant step for the LelapaFund team. We successfully held our first meetings as a team, which involved raising awareness on our endeavor to bring access to capital to African small businesses through cross-border crowd-investing.

Not only did the various engagements go very well, but we also managed not to kill each other (…). A South African and a Cameroonian couldn’t get along better. The LelapaTeam has a strong focus on collaboration and we always keep an open spirit.

For us, these two values (collaboration and openness) are also the core forces underlying the crowd-investing movement that we hope will emerge in Africa.

Stay tuned.

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Libby & Bobok – LelapaTeam