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Why more family-owned enterprises are turning to their old 'foes' for rescue

The surest way to lose a business is to bring on board new investors into the company built on the blood, sweat and tears of its kin. This is the thinking among many family-owned enterprises in Kenya.

Private Equity (PE) Funds and Venture Capital (VC) firms are seen as outsiders, with little understanding of the sacrifice that a family has put in to grow a business to a point that is attractive to external investors.

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