Michael Ugwu CEO iROKING hanging with 2Face and Ice Prince at the iROKING-sponsored tour in the USA last year iROKING is something I rarely speak about. Since I divorced myself from the day to day management and handed over to Michael Ugwu (CEO) and Bastian who leads all technical things
No one cares about your idea. Your mum supports you because she is your mum. But she doesn’t really care about your startup. If you are the lucky minority to have a partner whilst starting, then s/he doesn’t really care too. They are more interested in the outcome, more interested
It’s a bubble! They’re burning mad cash! It’s a front for drug money! Politician’s toy! Their games are shit! Maga don pay! Yahoo Yahoo! but they had no traction! National cake! God is watching them ooo! KULUYA just raised another small ‘angel size’ round of money at a $2,000,000.00 valuation.
A few weeks ago, representatives of the Nigerian Stock Exchange reached out to ask me to become part of the team around promoting a new small securities platform called ASeM — Alternative Securities Market (for Emerging Markets). ASeM is to act in a similar capacity to London Stock Exchange’s AIM (Alternative Investment
A few months ago, Bastian and I were arguing about desktop vs mobile offerings for iROKO. He believes Android and iOS will eat the world, especially Africa. I am less bullish on the immediacy of this and feel it is 5–10years out. As a $-generating focused guy, I have an
I was reading the awesome Forbes spread about the fastest growing gaming company ever, Supercell. They released 2 games during summer 2012 and already are generating $2.4Mn / day. Yes. In 24hrs they generate $2.4Mn! Incredible. Supercell generated $100Mn in revenue in 2012, and $179Mn in revenue in Q1 2013.
. Hugo Obi and me in Sept 2011 at the Apple Store Regent Street. He was helping me get this stuff back to my poky apartment in East London. Yesterday at Bistro Ikeja GRA I was having a Q1 review with my Lagos executive team. We were waxing lyrical about
My boy Bastian bought a car. It cost N8Mn ($47k). He found it via a brief search on Cheki, the most awesome car marketplace in Nigeria. But Cheki didn’t directly benefit from what, to most people, is a massive, massive purchase. That is after buying your own house. Easily the
This morning I saw 2 dead bodies. I was turning at Mile 2 and saw a fair amount of commotion and people so knew something was up. It appears that 2 people were hit by an old school 4×4 which, as expected on an expressway, killed them instantly. Police were
So in 2012, I lived on a plane and used Facebook regularly to just update people where I was at any particular point. In JoBurg last week, I updated my location on my Facebook profile, alerted and managed to meet a few local startups whilst I was there for 3
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