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Chepkemoi Doreen Passionate on finance

Kenya

i am a Certified public accountant (1&2 &3) currently finalising on my 4th
B.com banking and finance

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Managerial Finance

Member since March 2024

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Financial Management

Chepkemoi Doreen • Kenya
Created a year ago in Funding / Finance

I am CPA part 1,2,3 and currently undertaking 4 . I graduated on b.com banking and finance and loves researching on finance related areas

Chepkemoi Doreen Kenya

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CD

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Tax &Audit

Chepkemoi Doreen • Kenya
Created a year ago in Business / Legal

Auditing of the company accounts and personal account Tax advisor

Chepkemoi Doreen Kenya

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Chepkemoi Doreen

Kenya

i am a Certified public accountant (1&2 &3) currently finalising on my 4th
B.com banking and finance

$1.67/min

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Financial Management

I am CPA part 1,2,3 and currently undertaking 4 . I graduated on b.com banking and finance and loves researching on finance related areas

Auditing of the company accounts and personal account
Tax advisor

Answers 2
Reviews 0

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Chepkemoi Doreen answered

How much potential value does a startup need to have in order to attract VC funding?

The potential value a startup needs to attract venture capital (VC) funding can vary widely depending on various factors such as the industry, market conditions, growth prospects, team expertise, and more. However, as a general guideline, startups often need to demonstrate the potential to reach a valuation of at least $100 million or more within a few years to attract significant VC interest. This typically involves having a scalable business model, a large addressable market, a strong competitive advantage, and a capable team to execute the business plan effectively. It's important to note that these are rough estimates, and each VC firm may have its own specific criteria and expectations.

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Chepkemoi Doreen answered

what are the disadvantages of paid mentorship?

Feels like a burden – as soon as you make something ‘formal’ it can feel like a big responsibility that you don’t have time for. It certainly is more of a time commitment, but I think it also has the potential for clearer and better results.
More administration – there is more admin involved in making sure mentoring is being coordinated across an entity and followed up.
Long-term commitment in the midst of an uncertain future – I found it hard to enter into a two-year mentoring agreement when our work permit situation is so uncertain. It leaves me feeling worried that I won’t be able to fulfill my commitment to the mentee. (Maybe this is because another of my Gallup Strengths is ‘Responsibility’!)
Anxiety – it increases my anxiety levels – will I be able to help this person grow in the way that their supervisor / entity leadership is hoping?!
Partiality – does it look like I am showing partiality to one colleague by only being in a formal mentoring agreement with one of them? When informally mentoring I could mentor them all together and it didn’t matter if some weren’t making as much progress because there were no formal goals. That’s different now.

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