Tobi Mide

2.9K posts

Tobi Mide

Tobi Mide

@TobiMide

pData Analytics Engineer I Systems before models

Inscrit le Kasım 2025
93 Abonnements35 Abonnés
Ewgi
Ewgi@Ssaasquatch·
Total EBITDA of all Elon Musk companies is $20bn yet the combined market cap is almost $4tr. Financial engineering at its absolute finest.
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Oreoluwa Bukola, CFA.
You are always working on the weekends and sending gazillions of emails. That’s fine, but in rooms where you are not present, I wonder if what they are saying about you is that you do not know how to manage your time to deliver your work within the week. It is not the flex you think it is.
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Tobi Mide
Tobi Mide@TobiMide·
@compoundinnaira Theyve not for once come together as a community to lift the family out of debt
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Compounding Naira
Compounding Naira@compoundinnaira·
I was on the phone this morning catching up with a childhood friend. We rarely talk beyond WhatsApp messages, so this call felt unusually long. After the usual “your head is big” banter, he mentioned needing to finalize his father’s burial. I was confused, I mentioned that I thought they had already buried him. That’s when he explained that what they did earlier was just “putting him in the ground.” The main burial was still ahead. I joked, “Ah, so Paalé get MAIN EVENT?” We laughed, but the laughter didn’t last.Turns out his dad took a chieftaincy title that requires an extravagant burial. They require a minimum of two cows, the recommendation is actually three. A long list of other requirements. List was so long, I had to interrupt and asked how much all this would cost him, he said, “Me I’m not looking to spend anything, but they’re forcing me to spend around ₦9M. And this is before travel and logistics for him and his family. Total estimate: ₦15–₦18 million. I asked him, “If your dad wasn’t a chief, would things be different?” “Yes. That first burial would have been it.” “So why did he take the title?” His voice changed. “Do I know? Was I there? Was I consulted?” Then he said something that stuck with me: “My father mortgaged my future with that title.” And honestly, he’s right. The saddest part? His dad took the title because he believed his son had “made it.” Meanwhile, this same son was struggling for years. Now the title he never asked for will set him back financially, and by extension, affect his own children. Nigeria has to let go of some of these traditions, they are not culture, they are poverty traps. I’ve said before that, if you traced your family tree back one to two generations, you’ll find the root of the poverty dealing with you today. Things are really happening in Nigeria.
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Osaretin Victor Asemota
Every thing can wait when it comes to health and safety. Nothing is more important than remaining alive.
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Value_Bosss
Value_Bosss@Steady_Boom·
@KelOnovo If you ask me, your opinion is subjective. No advice tops "living below your means".
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Kelvin Novo
Kelvin Novo@KelOnovo·
4 years ago I was living in a flat, paying 250k. I was so comfortable that if my landlord blinked, I would pay the rent. But I needed a push. When my wife suggested we move to an environment where rent was 1.6m omo, I had the money, but I was scared. What if? I was like, 'Why is this woman pushing me like this?' but she said, 'Babe, what’s the worst that could happen? Highest We just start fresh.' Guess what. 2 years after moving into that 1.6m flat, I am now living in a 5-bedroom duplex. Why did I write this? You can never grow in comfort. If I tell you what I have achieved since moving to a place where the rent was not easy to pay, you won’t believe it. Don’t be like the old me. Sometimes you need to push yourself to grow.
Mazi Nathan@rukky_nate

If you earn anything below 400k per month, you have no business renting a 1.2m naira apartment. doesn’t matter if you’re married or not cut your size according to your coat.

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Tobi Mide
Tobi Mide@TobiMide·
@AskMichaelTaiwo The key takeaway is that Starlink has changed the investment thesis. Rockets may be the headline, but recurring subscription revenue, global reach, and operating margins are what justify much of the valuation. Investors are betting on a platform, not a launch provider.
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Michael Taiwo
Michael Taiwo@AskMichaelTaiwo·
Look at that image again: SpaceX at $2.157 trillion, sitting at number 6 on a list that includes Nvidia, Alphabet, Apple, Microsoft, and Amazon. Six months ago it was still private. Today it's listed, and already bigger than most companies that have existed for decades. But the headline almost misses the real story. Most people see "SpaceX" and still think rockets and astronauts. The financials tell a different story entirely. Starlink generated $11.4 billion in revenue in 2025, accounted for 61% of SpaceX's total sales, and was the only profitable division, throwing off $4.42 billion in operating income, while the rocket launch unit actually lost $657 million and the AI division bled $6.35 billion. The "space company" is, in financial substance, a telecom company operating from orbit. Analysts have noted that those margins look more like a software company than a hardware business, because once the satellite constellation is in orbit, each new subscriber adds high-margin recurring revenue at near-zero cost. That is the real engine underneath this valuation. And the subscriber growth is staggering. Starlink grew from 1 million users in 2022 to over 9 million by end of 2025, then crossed 10 million active customers across 160 countries by February 2026. That is not rocket science. That is a distribution flywheel. Now, none of this means the valuation is cheap or obviously justified. At a $2 trillion market cap against 2025 revenue of $18.67 billion, SpaceX commands a price-to-sales ratio of approximately 107, a multiple that sits in historically unprecedented territory. You are paying for a future that has to happen, not a present that already has. The lesson worth keeping: the most transformative companies rarely look like what they're becoming. SpaceX sold you a rocket story and delivered a global internet infrastructure business. The builders who understood that early, invested in it early. The ones who only read the branding never saw it coming. Watch what a company is actually building, not just what it says it is.
Brew Markets@brewmarkets

SpaceX is now the 6th largest public company in the U.S.

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Tobi Mide
Tobi Mide@TobiMide·
@asemota My chief, my sincere quickest recovery sent. Please avoid these energy drinks as much as possible; dangers of drinking it just too much and unnecessary for one
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Osaretin Victor Asemota
What a week this has been. Things can change in an instant. It could be adversely or positively. One thing I know I will never touch again is Red Bull. One 20 Cedis can of Red Bull to keep me awake while driving, and I ended up spending a fortune in hospital. An avalanche.
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consigliere
consigliere@Folabii_·
No one in Nigeria’s football hierarchy has lost their job for failing to qualify for a 48-team World Cup.
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Nurseinvestor
Nurseinvestor@abalu_uthman·
So, you didn’t buy Space X at IPO price which I believe is very expensive by the way. What’s the logic behind buying at $170? Be careful oo, I’m not talking to rich people oo, I’m talking to beginners oo.
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Tobi Mide
Tobi Mide@TobiMide·
@OmolewaAbraham Its not the future, its the present. Only about 6 states are economically viable, the rest are just completing the puzzle.
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Abraham Omolewa
Abraham Omolewa@OmolewaAbraham·
From my vantage point, the future of 🇳🇬 is most likely to be a mix of developed states and useless ones.
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