Many founders spend years trying to convince investors that their companies are worth acquiring. For Teddy Ogallo, the founder of WayaWay, a Kenyan artificial intelligence (AI)startup, the past five years have been spent trying to convince people that he never sold his company.
Inside a folder on his laptop are consultancy agreements, shareholder records, emails, legal correspondence, regulatory letters, and screenshots of old news articles and texts. According to Ogallo, these records document years of efforts to challenge reports that his company had been acquired in 2021.
However, public records and online reports continue to reflect a different narrative. Since April 2021, Ogal...
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Ajua said it acquired Kenya’s WayaWaya. WayaWaya says it never happened
Source: TechCabal
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