Internet 1.0 | Strategies of yesterday.

Today, there are broadband-rich data buzzy internet strategies which are largely a Western play and are widely available and debated on the top tech blogs. Then there are internet businesses of late 90’s which reign supreme in Nigeria today. iROKOtv as a site is strangely in the middle. Video streaming is solidly a 2006 phenomenon, onwards in the West and we are commercialising the most data-intensive activity on the internet here in Nigeria. And we are having great success.
In Africa, iROKOtv Africa is a standalone business. It makes zero economic sense and we would be dead if not for the Diaspora. The most successful internet businesses in Nigeria today are employing strategies of Internet 1.0. Paga is attempting to be more than mobile money. They are attempting to replicate what PayPal did. PayPal was founded in 1998. Jumia and Konga are duking it out for the title of ‘Amazon of Nigeria’. Amazon was founded in 1994. Wakanow is trying to be the Expedia of Nigeria. Expedia was fo...