Celebrating Yele Bademosi @ 29; Here are 3 Things You Probably Didn’t Know About the Microtraction Founder

Yele Bademosi Addresses Potential Conflict

Guess who’s 29 today? Yele Bademosi, the founder of Microtraction and Director at Binance Labs. This means today is a good day to celebrate the serial investor and tech entrepreneur. Thus here are a few things you probably didn’t need to know about him but which we would tell you anyway.

Yele Bademosi Studied Medicine

Investor and founder of venture firm, Microtraction, Yele Badamosi didn’t start out as a techpreneur from time. As a matter of fact, he studied medicine at King’s College London before dropping out of medical school as medicine was “not his passion”.

He went on to spend the next 1 year learning how to design user interfaces and coding.

He however worked as a Marketing and Business Development Manager at Zoe Specialist Mission Hospital. But that was his last recorded venture in the medical space, as he made a career switch opting for tech.

Yele Bademosi is a Serial Entreprenuer…and Investor

Soon after dropping out of school, he launched his first startup in the UK – Purple, a social app that let university students with shared interests in the UK find and connect with each other.

The startup raised an angel funds but didn’t scale as such. Then Yele returned to Nigeria as General Manager of Starta – an online community and resource platform for African startup entrepreneurs. Here he helped the platform reach over 24,000 subscribers in 8 months before it was acquired in 2016.

Image result for Yele Bademosi
Yele Bademosi, founder of Microtraction and Director at Binance Labs.

In 2017, he founded Microtraction, an angel fund VC which has gone on to invest in over 10 startups, with the latest being Ghana’s Bit Sika.

In 2019 he was appointed as the Director of Binance Labs, the R&D arm of cryptoplatform, Binance where he was charged with developing Africa’s blockchain ecosystem.

Yele Bademosi Loves Sports

A quick check of his LinkedIn profile shows that beyond his impressive work experience and portfolio, Yele was actively involved in sport activities throughout his education.

He was actively involved in Athletics, Basketball and Football in all of the schools he attended, even becoming the Captain of his College Football team. He probably still is involved and might even be a supporter of the current European Champions, Liverpool.

From us at Technext, we say Happy Birthday to Yele Bademosi, a colossus of the Nigerian tech space.


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