[kictanet] Kenya's Tech Startup scene leaves investors underwhelmed

[Dennis Kioko]

[Too long; didn't read]  Investor comes to Kenya to fund startups, lowers
barrier of entry way too low, complains companies he is funding going
nowhere.
Investor to leave for Nigeria where startups have evolved through natural
selection (less funding, most agile survived) and where economy of Lagos is
bigger than Kenya's.

On Sun Jan 04 2015 at 10:53:09 Ali Hussein via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> Listers
>
> A lot of discussions in this area over the last few years. Are the
> chickens coming home to roost?
>
> Have we focused too much on competitions, donor funded money and shared
> spaces and a lot less on commercially viable ideas/nurturing what is there
> towards commercial exploitation?
>
> My sense is that we now need to move to 3.0 to enable realize the
> potential of our startups.
>
> Read on:-
>
>
> http://www.businessdailyafrica.com/Corporate-News/Kenya-s-technology-push-leaves-investors-cold/-/539550/2574220/-/13qkohy/-/index.html
>
>
> http://www.gsmaentrepreneurshipkenya.com/GSMA_KENYA-AR2014-060214-WEB-SINGLE-PGS.pdf
>
>
> *Ali Hussein*
>
> +254 770 906375 / 0713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
> <http://ke.linkedin.com/in/alihkassim>
>
> Blog: www.alyhussein.com
>
> "I fear the day technology will surpass human interaction. The world will
> have a generation of idiots".  ~ Albert Einstein
>
> Sent from my iPad
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