[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. <br><div>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. </div><br><div class="gmail_quote">On Sun Jan 04 2015 at 10:53:09 Ali Hussein via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="auto"><div>Listers</div><div><br></div><div>A lot of discussions in this area over the last few years. Are the chickens coming home to roost?</div><div><br></div><div>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? </div><div><br></div><div>My sense is that we now need to move to 3.0 to enable realize the potential of our startups. </div><div><br></div><div>Read on:-</div><div><br></div><div><a href="http://www.businessdailyafrica.com/Corporate-News/Kenya-s-technology-push-leaves-investors-cold/-/539550/2574220/-/13qkohy/-/index.html" target="_blank">http://www.businessdailyafrica.com/Corporate-News/Kenya-s-technology-push-leaves-investors-cold/-/539550/2574220/-/13qkohy/-/index.html</a></div><div><br></div><div><a href="http://www.gsmaentrepreneurshipkenya.com/GSMA_KENYA-AR2014-060214-WEB-SINGLE-PGS.pdf" target="_blank">http://www.gsmaentrepreneurshipkenya.com/GSMA_KENYA-AR2014-060214-WEB-SINGLE-PGS.pdf</a></div><div><br><br><div><span><b>Ali Hussein</b></span></div><div><br></div><div style="font-family:Helvetica;font-size:medium">+254 770 906375 / 0713 601113</div><div style="font-family:Helvetica;font-size:medium"><br></div><div><p style="margin:0in 0in 0pt"><span style="background-color:rgba(255,255,255,0)">Twitter: @AliHKassim</span></p><span style="background-color:rgba(255,255,255,0)"><font></font></span><p style="margin:0in 0in 0pt"><span style="background-color:rgba(255,255,255,0)">Skype: abu-jomo</span></p><p style="margin:0in 0in 0pt"><span style="background-color:rgba(255,255,255,0)">LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="text-decoration:none"></span></a></span></p><span style="background-color:rgba(255,255,255,0)"><font></font></span><p style="margin:0in 0in 0pt"></p><font><span style="background-color:rgba(255,255,255,0)">Blog: <a href="http://www.alyhussein.com/" target="_blank">www.alyhussein.com</a></span><br></font></div><div><span><br></span></div><div>"I fear the day technology will surpass human interaction. The world will have a generation of idiots". ~ Albert Einstein</div><div><span><br></span></div>Sent from my iPad</div></div>______________________________<u></u>_________________<br>
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