Stripe acquires Nigeria’s Paystack for $200M+
I never understood why startup wait that long to branch out internationally.I imagine that you need some local presence and need to adjust to local customs and requirements quite a bit, but it should be cheaper to enter other markets when you've "made it" and have solid funding. Instead, it seems they often wait for years while local copy cats develop the market and then pay a heavy premium by buying them.Is that simply because they don't want to divert attention from building the business? Are VCs more skeptical if you want spend money on international growth?