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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.

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“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.

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Faith Amonimo

Faith Amonimo

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

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