[kictanet] Breaking: Kenya’s M-Kopa Solar Closes $12.45 million Fourth Funding Round (What fluff?)

[Kipkemoi Kiptum]

These guys are awesome.

1. (maybe) Real profit.
2. Real revenue.
3. Reusable payment model - pay slowly for something that you need, I
suspect that it can be reused for other things (If Safaricom or some other
mobile network will continue giving them whatever/better commercial model
they have).

Now is the hard part, earning the implied trust/pressure that now comes
with the over 1B they have got.

All the best to them!

*Kip*

*A Cruce Salus*

On Mon, Feb 2, 2015 at 2:39 PM, cdohnio via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> http://techmoran.com/m-kopa-solar-closes-fourth-funding-round/
>
> There's a lot of talk of fluff in the Kenyan startup scene but I think
> hearing news like this puts all that nonsense to shame. This was a 1.1
> billion round they just raised after a third round where they raised almost
> 2 billion last year. If this doesn't speak for the startup scene I don't
> know what will.
>
> All the best,
> princelySid
>
> *Twitter:* @princelySid | *Website: *cdohnio.blogspot.com
>
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