Joined September 2017
- Tweets 4,425
- Following 173
- Followers 316
- Likes 8,796
293 Photos and videos
Pinned Tweet
7 Nov 2017
This is the girl @IndomieNigeria needs for advert @NG_Foods @TrafficChiefNG @Gidi_Traffic @Eyiwunmidunni @insuranceblitz #beautifulgirls
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If you give an illiterate a 2 sentence printed document to type same thing and print, they'll make mistake in spelling base on assumptions.
Go to school and get properly educated, it will help everybody including yourself.
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If you're in the last group of founders described here and you have God good product distribution, you'll raise sufficiently what you need.
Jun 12
If you're a former founder who made investors money, you'll raise again (product optional)
If you're a former founder who failed but raised, you'll raise again (just need a story)
If you're a founder with Ivy League big tech pedigree, you'll get a small single-digit investment in millions (no product needed)
If you're a founder with a strong network through family or connections, you have a significant advantage (most people won't admit)
If you're none of the above, you need a working product real users a great story (you'll still get a lower valuation though)
Self-awareness about which tier you're in is the most underrated fundraising skill.
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Temitope the guy Selling Pay-U retweeted
Jun 10
I'm hiring.
Real Salespeople. Commanders. You sleep& eat SaaS Sales.
Very low target, considering you can hit that target in one deal. I know because I've done exactly that.
Come build with me.
Up for the challenge?
Read below and Email: prosforpeople@gmail.com
Pls RT.
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My first angel check came from my childhood friend who I made money for when I published a co-authored book in Lautech.
But my first outside check came from someone watching me on LinkedIn, he liquidated his 401k and handed me all of that money,that's a burden I'll carry till...
I got my first angel check 8 years ago from someone I met on this app. We still haven't met in person.
Key is to do good work, post about your work and put yourself out there. Capital always finds those that are earnestly making progress and are willing to do the real work.
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Temitope the guy Selling Pay-U retweeted
Jun 10
If you are a Founder trying to raise money
Here are some essential documents you need to have when fund raising.
1. Founder agreement
2. Incorporation Documents
3. Co-founder exit clause
4. Shareholders agreement
5. Cap table
6. ESOP agreement
7. NDA
8. IP assignment agreement
9. Trademark/IP documents
10. HR policies
11. Terms of service
12. Privacy policy
13. Legal compliance docs
14. Pitch deck
15. Financial model
16. Term sheet (if funded)
Add any you think are missing in the comments.
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I am seeing a new generation of insurtech entrants and mid-level managers that think distribution is insurance's problem in Nigeria/Africa.
I want to tell them that Gtbank won the retail market because of product innovation before the likes of Zenithbank and others...
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Gtbank in the early 20s had the least number of branches (distribution channel) but had the highest number of accounts opened because zero naira was required to open an account while the likes of Zenithbank maintained a 100k account opening.
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My second startup failed because we thought distribution was the solution to low insurance penetration in Africa, @Pay_UTech is well on it's way to $1million premium bootstrapped
How do you embed an existing offering whose price point is out of reach of those it's intended for!
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Temitope the guy Selling Pay-U retweeted
Gtbank in the early 20s had the least number of branches (distribution channel) but had the highest number of accounts opened because zero naira was required to open an account while the likes of Zenithbank maintained a 100k account opening.
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Temitope the guy Selling Pay-U retweeted
I am seeing a new generation of insurtech entrants and mid-level managers that think distribution is insurance's problem in Nigeria/Africa.
I want to tell them that Gtbank won the retail market because of product innovation before the likes of Zenithbank and others...
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📌
Jun 9
90% of startups is just ignoring haters and doubters trying to slow you down, proceeding to prove them wrong, then having them move the goalpost to a new level of hate and doubt. Then, once growth decelerates and you’re no longer doing important work, everyone is your friend
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Temitope the guy Selling Pay-U retweeted
Jun 9
90% of startups is just ignoring haters and doubters trying to slow you down, proceeding to prove them wrong, then having them move the goalpost to a new level of hate and doubt. Then, once growth decelerates and you’re no longer doing important work, everyone is your friend
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SMS,voice call and Internet data bundle are unlimited with as low as $20 monthly phone bill hence there isn't a use case that's strong for Americans to use WhatsApp.
Jun 9
Why don’t Americans use WhatsApp?????
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Go out and talk to people. Create the audience.
Jun 7
A founder has no audience.
Launch day is tomorrow.
What's the first move?
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Anyone out there willing to relocate me from Nigeria to SF for 1% of @Pay_UTech ?
Jun 7
Just move to SF, it will change your life.
Go in debt if you have to.
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If you actually want it for yourself.
Jun 7
how do you know if you’re building stuff people actually want?
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Temitope the guy Selling Pay-U retweeted
Just like @Eniolorunda , I am looking for my own Jim Ovia.
The guy that was suppose to do an intro to Jim does not understand
1. How technology companies work
2. Does not understand startup investing.
3. Does not know the difference between early stage startup and growth stage.
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Temitope the guy Selling Pay-U retweeted
Jun 7
Mitchell Elegbe, the founder of Interswitch, on how the company was created
He said the govt had just given the GSM licenses to MTN, Econet Wireless(Airtel) for $280m.
And they had to invest in the right infrastructure.
Recognizing this, they built a payment infrastructure.
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