Venture Capital needs companies. Today Nigeria has a massively underdeveloped and thus undervalued internet ecosystem. Since launching Spark, I have read thousands of emails and met hundreds of people who are actively participating in the system today. Some quietly, some loudly. Most, passionately. Some folk charge me with the notion that I am empire building, not giving back to the ecosystem that apparently helped me get funded at the beginning… Techcrunch gave me visibility. But so did CNN and CNBC too. Not to mention there was no one else who could really bridge the Nollywood / technology bridge. But cool. The ecosystem made me. Xenophobia aside, overall I find myself a little dismayed at the lack of spirited discussion around business models in Nigeria outside of vanilla ‘e-commerce’ or ‘advertising’. Africa Internet Holdings obviously will do as they please, I personally have met all the players in that game from the executors to the investors, beyond them, I want to shift th...
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