Earlier this month, I was invited to deliver a talk themed; "The Last Mover Advantage: A Case for Technology And Innovation" at Union Bank's Centenary Celebration Event, titled: “The Next 100 Years – A Call to Action” which held on 25th October, 2017.
Unfortunately I fell ill, was hospitalized and was unable to deliver this very important message.
But here you have it.
6. Platforms that build community, enable sharing,
fund startups and create opportunities.
7. At Ventures Platform we are building platforms that
enable young people turn the lemons we have
been handed into lemonade.
8. In just 16 months, we have interacted with over 2,000 founders, funded
21 companies, trained over 2,500 young people, built a campus,
served thousands of cups of coffee (because coffee is fuel for the
future J) and seen our portfolio do multiples in returns.
12. With the combination of empathy, curiosity, technology
and capital – we are redefining the status quo
13. Uka & Ayo, a farmer and a software developer, are
using technology to crowdfund resources for small
holder farmers and helping to increase their yield - 4 fold.
14. Gossy Ukanwoke with Ben American University is going ahead
of the NUC and using technology to fill gaps left unattended to
by our failing educational system.
15. Shola & Iyin are building the future of payments in Africa
and powering over 1 billion dollars in transactions.
16. Afua is empowering women with her work at She Leads Africa, by
building a community of 100’s of thousands of young women across
47 countries, proving that what a man can do a woman can do
better.
18. Dr. Ebi of Gerocare, scared by the loss of a most dear family
member, and his father suffering 2 strokes, is now building the
future of health care delivery in Nigeria with technology and has
already enrolled over 500 doctors.
19. In 2016 alone, African startups raised $366M
in funding to build the future.
20. Here in Nigeria, just this month, Andela
announced a 40m$ series C round.
21. Software and technology is eating
the world and in a short while you
will be left with no choice.
23. The sad reality is that most of the capital supporting our founders
is coming from foreign investors who fly in from San Francisco
with a briefcase, aided by visa’s on arrival, cut checks and fly
back out.
25. Or, rather if all the board seats are occupied by foreign
investors, can they really offer the local context required
to grow a unicorn in these rough streets of Lagos?
Or, rather if all the board seats are occupied by foreign
investors, can they really bring the local context required
to grow a unicorn in these rough streets of Lagos?
26. Are we building a Nigerian future or a future
owned by foreigners?
38. At the ground level, we need you to galvanize patient
capital to accelerate and enable rapid
experimentation by startups and young entrepreneurs.
#1
39. At the top level, you - our HNI's, corporates and institutions need to
convert your investments in real estate and oil & gas into the startups
that are part of this new economy that innovative companies led by
young Nigerians are building.
#2
40. As the last mover Nigeria has a unique advantage to “only
make new mistakes,” be agile, harness the benefit of our
youth and leverage ingenuity to leapfrog into the future.