Techsoma Africa
Latest Startups FinTech AI Tech Global Apps Opinions African
Policy & Regulations Artificial Intelligence Reports About Contact Advertise African Startup Ecosystem FinTech & Digital Money Artificial Intelligence Technology Global News Apps, Gadgets, Tools & Softwares Opinions & Perspectives African Telecommunications
Techsoma Africa
No Result
View All Result
Techsoma Africa
No Result
View All Result
Techsoma Africa
No Result
View All Result
Home African Startup Ecosystem

What Two African Founders Had to Say About Michael Seibel’s Departure from YC

by Faith Amonimo
April 23, 2025
in African Startup Ecosystem
Reading Time: 3 mins read
Michael Seibel

Michael Seibel’s departure from Y Combinator earlier this year marked a major moment, not just for YC as an organization, but for startup ecosystems around the world. In Africa especially, where Seibel was a strong supporter of early-stage founders, his exit sparked reflection on the impact he’s had.

Techsoma Africa spoke with two YC-backed African founders, Kiiru Muhoya of Fingo Africa and Lanre Ogungbe of Prembly, who shared their personal experiences with Seibel, his influence on their journeys, and what they wish for him as he moves on from his role.

Kiiru Muhoya, Co-Founder & CEO at Fingo Africa

For Kiiru Muhoya, Seibel wasn’t just another partner at YC, he was a mentor who helped instill belief and ambition in one of the youngest African teams to ever enter the accelerator.

“Michael instilled a spirit of world-class greatness in our startup,” Muhoya said. “He let us into YC as one of the youngest African teams ever and became a personal mentor. He enabled us to believe in ourselves whilst remaining dedicated to truth.”

Muhoya credits Seibel for opening YC’s doors to African startups in the first place. 

“YC is only in Africa because of Michael. He single-handedly has catalyzed billions of dollars worth of investment and value in Africa.”he said. 

As Seibel exits, Muhoya leaves him with a message of gratitude: 

“Thank you for supporting us and for giving us a blueprint for excellence.”

Lanre Ogungbe, Co-Founder & CEO at Prembly

Lanre Ogungbe didn’t work with Seibel directly but still felt the ripple effects of his leadership.

“I didn’t have a lot of personal experience with Michael but his influence and knowledge were felt via close group chats, and general information sessions.” Lanre said. 

He particularly admired Seibel’s straightforward approach. 

“The unique thing about Michael is, he doesn’t say exactly what you want to hear. He says what he knows would be best for you at a specific time. That is one of the best things every business leader should want to have around them.” 

On Seibel’s broader legacy, Lanre added: 

He was a lover of ensuring innovators around the world have a fair chance (it wasn’t just a commentary for him). He demonstrated it by encouraging everyone regardless of location, to get into the program and be supported. A lot of African founders are a benefit of such.”

Ogungbe’s message: “To remind him that the world is better off because he gave his best while at YC, and I wish him the very best in his next steps.”

A Legacy That Will Echo Across Continents

Michael Seibel’s time at Y Combinator might be over, but his imprint on African innovation is enduring. His efforts laid a path for thousands of African entrepreneurs to dream bigger and build bolder. For founders like Muhoya and Ogungbe, and many more, he wasn’t just a startup adviser. He was a catalyst.

Related Techsoma coverage

  • Vendease Exits Ghana Despite Soaring Demand, Cites Funding Constraints
  • CBN Hits Paystack With ₦250M Fine Over Zap: A Wake-Up Call for Fintechs?
  • Umba Secures $5M Debt Facility to Scale Vehicle and SME Loans in Kenya
Faith Amonimo

Faith Amonimo

Faith Amonimo is a Tech Editor and Newsletter Lead at Techsoma Africa, where she reports on technology and digital innovation...

Recommended For You

Food Delivery startups in nigeria
African Startup Ecosystem

Why Food Delivery Startups Struggle in Nigeria: A Deep Analysis

by Faith Amonimo
August 3, 2026

The story of food delivery in Nigeria is not a simple tale of failure. It is a story of experimentation, adaptation, and the harsh realities of building a business in...

Read moreDetails
Startup automation workflow for recurring tasks in finance, onboarding, support, and operations

The Startup Automation Playbook: What, How, and When to Automate

July 30, 2026
Golemon shuts down

GoLemon Shuts Down: Lagos Grocery Delivery Startup Ends Operations After Funding Setback

July 30, 2026

Founder Dependency: Why Your Startup Needs to Survive Without You

July 29, 2026

Botswana Tech Fund Launches £50 Million Vehicle for Southern African Startups

July 23, 2026
Next Post
side view male hacker with gloves laptop 23 2148578161

Nigerian Government Alerts on Cyber-Slavery Targeting Youths for Online Crime

Telecom Cybersecurity Attack MTN 2025

MTN Cyber Breach: Customers’ Data Exposed, Urgent Warning Against Sharing PINs, Passwords, OTPs via Calls, SMS, or Email

Please login to join discussion

Browse by Category

  • African Startup Ecosystem
  • African Telecommunications
  • Apps, Gadgets, Tools & Softwares
  • Artificial Intelligence
  • Business & Markets
  • Creator Economy
  • Cybersecurity
  • Digital Work-Life Series
  • E-Commerce
  • Event Radar Africa
  • Exclusive Interviews
  • Explainers
  • Features/Spotlights
  • FinTech & Digital Money
  • Funding news
  • GenZ Desk!
  • Global News
  • Logistics & Mobility Tech
  • Media & Entertainment
  • News
  • Opinions & Perspectives
  • Opportunities, Careers & Learning
  • Partner
  • Policy & Regulations
  • Reports
  • Reviews
  • Tech Insights for Creators
  • Technology
  • Thought Leadership
  • Uncategorized
  • About Us
  • Advertise on Techsoma
  • Contact
  • Corrections Policy
  • Editorial Standards
  • Ownership and Funding
  • Privacy Policy
  • Publish Your Articles
  • Techsoma Africa
  • Terms of Service

Copyright 2026 Techsoma Africa. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Techsoma Africa

© 2026 Techsoma Africa Media.

Company

Policy AI Reports About Contact Advertise

Legal

Terms Privacy RSS

Latest

Why Food Delivery Startups Struggle in Nigeria: A Deep Analysis The story of food delivery in Nigeria is not a simple tale of failure. It is a story... When Public Services Fail, Private Tech Steps In: The AURA Story South Africa's public emergency services are struggling. AURA has built a private alternative, connecting over 1 million users to 11,000 vetted responders. Now it's going global. Lebara Nigeria Partners Payaza to Power Seamless Digital Payments and Telecom Services Lebara Nigeria has entered into a strategic partnership with African payment infrastructure provider Payaza to integrate advanced payment...
Techsoma Network Techsoma Network Techsoma Africa Techsoma Middle East Techsoma Canada
Transparency About Editorial Standards Corrections Ownership & Funding Privacy Terms Contact
No Result
View All Result
  • About Us
  • Advertise on Techsoma
  • Contact
  • Corrections Policy
  • Editorial Standards
  • Ownership and Funding
  • Privacy Policy
  • Publish Your Articles
  • Techsoma Africa
  • Terms of Service

Copyright 2026 Techsoma Africa. All rights reserved.