[kictanet] Blow to local tech buy outs

[Ali Hussein]

Robert

+1.

The Autonomy-HP issue is a pointer to the stringent financial reporting and
transparency required in the global commercial space. Lets not even start
with start ups...Some of our blue chip companies wont even make it to the
starting line up in a due diligence process.

That's why the discussions on whether Silicon Savannah needs a dose of rain
to start sprouting genuine growth is an important discussion which
requires  much attention. This is all about the ecosystem that is required
to support this growth.

Regards

*Ali Hussein*



Twitter: @AliHKassim

Skype: abu-jomo



On Mon, Nov 26, 2012 at 7:56 AM, robert yawe <robertyawe at yahoo.co.uk> wrote:

> Hi,
>
> The following article is a sign that it will be a little longer before any
> US based companies will be knocking doors in Kenya to buy up startups;
>
>
> http://gigaom.com/europe/why-european-startups-should-be-furious-about-autonomy/?go_commented=1#comment-1208984
>
> It is therefore time that we found local solutions to getting our startups
> off.
>
> Regards
>
>
> Robert Yawe
> KAY System Technologies Ltd
> Phoenix House, 6th Floor
> P O Box 55806 Nairobi, 00200
> Kenya
>
> Tel: +254722511225, +254202010696
>
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