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I am Jason Chukwuma Njoku. Join me and get Awesome actionable insights on Media, Technology & Gambling in Africa. New posts every week.

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Today I had to retire 13 people

And it was not easy. For me but more importantly for my team that left the company today, this was not easy, in any way, shape or form. There are some who enjoy this type of thing but I for one am not one of them. These are employees who

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Thoughts on early stage companies

I am have spent the longest time over the summer thinking about the capital structure of startups in Nigeria. There are still many many fundamental short comings holding the entire ecosystem back. I think the most prevalent issues lay at the earliest stage. After reading ~1k funding introduction emails over

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Focus

When people tell me to focus I chuckle. Focus on what? is my usual response. Focus for focus’ sake is kinda foolish. Focusing on the wrong things ultimately leads you to failure. In any business there are usually a hand full of key business drivers which yield 80% of the

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Limitations of liquidity.

Equity can be worth tens of millions of dollars. Or nothing at all. The choice between a linear salaried career path and booming paper wealth is usually a matter of patience. Most startups die in the heads of their founders. The mere fact that an idea becomes reality outside of

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Last night, I had a nightmare.

Koos Bekker put his arm around my shoulders. And said; ‘son, you’ve done an amazing job. I’ll take it from here’. Those avuncular, kind, settling words ignited the $100Mn war for Nollywood. At least in my nightmare it. iROKO is dead. Long live iROKOtv. Part 2 Building a $500Mn company

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iROKO is dead. Long live iROKOtv.

I write about Spark on my blog so much one would forget I actually spend <5% of my time there. The 95% is spent on iROKO, where the Nigerian tech space has been recently a flutter of its impending demise. Apparently with the opening up of YouTube’s partnership programme for

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Where is the funding? | Conglomerates | Spark raises $2Mn

fund·ing /ˈfəndiNG/ Noun Money provided, esp. by an organization or government, for a particular purpose. The action or practice of providing such money. Synonyms financing Sarah Lacy who I totally adore got the exclusive on our announcement of Spark raising $2Mn. Just wanted to share some thoughts on that. The

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A Choice of Kipling’s Verse (1943)

If — If you can keep your head when all about you  Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about, don’t deal in lies,Or

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Valuations. Sharks, seeds, sorcery and speculation.

In 1954 one of Hollywood’s greatest artistic geniuses, Walt Disney, had a fantasy. Disney dreamed of building a giant amusement park unlike anything that existed in America. His chosen site was on 160 acres of farmland in Anaheim, an area southwest of Los Angeles settled by German immigrants. The problem

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The Death of a Startup. RIP Brash Magazine

This is the final part of my ‘My Most Epic Failure’ series. To understand the context of this post it’s best to have read Brash Magazine and The Angel from Hell. The word is over-used in the internet startup world today, but I pivoted the life out of Brash trying

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