The missing art and detail of the tech exit

The purpose of every business should be to create value sustainably and deliver a return on risk taken on capital and human resource. As the Event Director of Africa’s largest technology showcase where startups and upstarts from across Africa have in the past editions successfully launched to the world, the biggest gap that still exists is that of articulating the art and detail of the deal, inclined toward technology businesses that are often service based. Continue reading The missing art and detail of the tech exit

Understanding the nuances of mobile value added services

Mobile technology has come a long way since the wide-eyed days when access to it was a preserve of the wealthy. In the present day with official stats putting the Kenyan market at 33.3 million mobile subscribers, every single business entity has a large percentage of its consumers active daily on mobile making the channel most attractive for marketing, demand generation and general communication. Continue reading Understanding the nuances of mobile value added services

[Wanted] Hybrid executives to drive growth in the modern enterprise

Information technology is no longer a department but a function that must be embedded in the very fabric of the corporate entity. This calls for a new breed of executive, a hybrid of sorts with deep competency key for certain business critical operations but sufficiently empowered to understand the place, pricing and models that are part of any technology based deployment that they are sure to interact with in the course of their tenure. Continue reading [Wanted] Hybrid executives to drive growth in the modern enterprise

There’s nothing new under the sun

After the recent attack at the university in Garissa, there was an outpouring of emotion and showcases of solidarity online from different parts of the world. Some asked questions, others vented while others looked at how best to prevent something similar from happening. A team based out of the Nailab looked at the possibility of creating a new source of data that would increase our collective intelligence and possibly preempt or even prevent the occurrence of crime in all its forms. The choice of social media to refine the idea and run focus groups was right on the mark, with many jumping onboard to be beta testers. Afew days into the exercise, a group of developers came out of the woodwork to claim that their concept had been “stolen”, down to the name, seemingly wanting to stake a claim to the growing interest that this project had garnered.   Continue reading There’s nothing new under the sun

Timing is everything whether launching, raising capital or pivoting

The world of technology entrepreneurship can be a daunting one. Things change quickly; from peculiar consumer habits, new channels of engagement, regulation via legislation, market readiness and even investor appetite. However, the one thing that remains top of my list is timing. Getting into the market in an almost perfect environment or adapting oneself appropriately, should be the goal of every technology entrepreneur. There are those who subscribe to the school of thought that says, start where you are, with what you have got and get to market as fast as possible. In my opinion that line of thinking could fast track the entry of any technology based enterprise into the dead pool; unless of course one is looking at building a simple lifestyle business whose barriers to entry would be low and competitive advantage almost non-existent. Continue reading Timing is everything whether launching, raising capital or pivoting