Rafael Banks🕷️

Sell to the rich , they buy convenience, status, and speed at any price.

Blockchain will soon be core infrastructure for all financial transactions.

@ClaudineGasana Unfortunately beshi bashobora kutunva neza icyo exactly ashaka kuvuga ! This is not about money !

He is right 😅 amagambo make: mujye kwiga.

Palantir

Exclusive: Pentagon to adopt Palantir AI as core US military system, memo says reut.rs/4sjCijf reut.rs/4sjCijf

Tokens may soon drive the AI economy ft.trib.al/19kza7T | opinion

Uber will invest up to $1.25 billion in electric vehicle maker Rivian to acquire 10,000 fully autonomous robotaxis that will be deployed in 2028 reut.rs/4sVOjva

Breaking: Jeff Bezos is in talks to raise $100 billion for a new fund that would buy manufacturing companies and use AI to automate them wsj.com/tech/jeff-bezo…

JUST IN: 🇺🇸 SEC Chair Paul Atkins says "the SEC interpretation on crypto assets is just the beginning."

After working for money, make the money work for you

LATEST: ⚡ Sam Altman's World has launched AgentKit, a developer toolkit that allows AI agents to cryptographically prove that they are acting on behalf of real people.

Is the buy back gonna be Funded with existing cash ??? 🤔

Math is the ultimate meta skill that applies to all domains.

How trusting a society is the United States? Though we’re behind much of Europe, Australia, and Canada, we’re still in the global top 20.

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Why many businesses in Kigali open with promise but close too soon, the working capital problem! There is an increasing a pattern in the business environment in Rwanda that deserves serious reflection. It is not uncommon to visit a restaurant in Kigali today and then return a few months later only to discover that it no longer exists. The same experience happens in other sectors. One may visit a shop at Kigali Heights, find it operating well at first, but after some time the business has closed or been replaced by another tenant. The same situation can also be seen in places like the Car Free Zone in Kisementi, where businesses open with excitement and promise but disappear after a relatively short period of time. One of the biggest underlying challenges behind this pattern is the misunderstanding between investment capital and working capital. Many entrepreneurs succeed in mobilizing significant resources to start a business, but very little attention is given to the capital required to sustain operations during the first months or even years. It is not uncommon to find someone who has saved or mobilized Rwf100 million to start a business but fails to reserve even Rwf50 million to run it. Most of the available funds are spent on renovations, furniture, branding, equipment, and creating an attractive appearance for the business. By the time the doors open, a large portion of the capital has already been consumed. What remains is very little liquidity to sustain daily operations. Yet working capital is what keeps a business alive. A business needs continuous cash flow to pay salaries, replenish stock, cover rent, settle electricity and water bills, manage logistics, and deal with unforeseen operational expenses. Without this financial buffer, even a promising business can begin to struggle within a few months. Take the example of someone opening a restaurant in Kigali. A large portion of the capital may go into interior decoration, kitchen equipment, furniture, and branding to create an appealing environment for customers. It is possible for Rwf70–80 million to be spent on the physical setup alone. However, if at least Rwf20–30 million is not reserved for working capital, challenges quickly emerge. The business begins struggling to purchase fresh ingredients, pay employees at the end of the month, maintain marketing activities, or handle routine operational costs. This situation partly explains a pattern that has become common in the hospitality sector. Many restaurants, bars, and hotels request 30 days or even longer to pay their suppliers. In many cases, this arrangement is not part of a structured financial strategy but rather a reflection of limited working capital. As a result, suppliers end up indirectly financing the operations of these businesses. Let look at this example, a supplier delivering meat, vegetables, beverages, or imported products may supply goods today but only receive payment after a month. If the restaurant itself is struggling with cash flow, payments can be delayed even further. Over time this creates a chain reaction where suppliers also begin facing financial pressure because their own cash cycles become disrupted. Eventually the entire business ecosystem becomes strained. Retail businesses face similar challenges. An entrepreneur may invest heavily in setting up a beautiful shop in a prime commercial location. The shop may look impressive on opening day, with well-designed shelves, lighting, and branding. However, after the first round of sales, the business may lack the cash required to replenish stock. Shelves begin to empty, product variety declines, and customers gradually stop coming because they cannot find what they need. Agriculture also presents similar situations. A young agripreneur may invest significant resources in acquiring land, irrigation equipment, and farm tools but forget to reserve funds for seeds, fertilizers, labor, transportation, and post-harvest handling. The farm may appear well prepared, yet it struggles to operate efficiently because operational cash is missing. In simple terms, investment capital builds the business, but working capital sustains it. Without adequate working capital, a business may look impressive on opening day but begin collapsing quietly behind the scenes due to operational pressures. Another challenge observed among entrepreneurs is the difficulty of pooling resources and building equity partnerships. Many individuals prefer to operate alone, even when the scale of the project requires stronger financial backing. There is often a preference to start and own a business individually rather than bringing together partners and investors. In many other economies, entrepreneurs combine resources. Three or four partners may pool their savings to create a stronger capital base and build a business that is better financed and more resilient. In the local context, however, the culture of equity collaboration remains limited. Each person attempts to start a small venture individually, which often results in undercapitalized businesses struggling from the beginning. Another issue that deserves attention is the lack of specialization and focus among many entrepreneurs. It is common to find someone running several small ventures simultaneously using the same limited capital. A person may operate a small shop, start a printing business, and at the same time attempt to invest in farming or transportation. Instead of strengthening one business until it becomes stable and profitable, the limited capital becomes fragmented across several ventures. This fragmentation weakens all the businesses involved. Closely related to this challenge is the limited level of innovation in the entrepreneurial ecosystem. Many businesses tend to copy what others are already doing rather than identifying new opportunities or developing differentiated services. As a result, clusters of identical businesses emerge in the same neighborhoods. One street may suddenly have numerous cafés, several pharmacies, multiple liquor stores, restaurants, bars, or nursery schools all attempting to serve the same market. This copy and paste approach to entrepreneurship creates oversupply and intense competition for the same customers. Instead of expanding the market, businesses end up dividing an already limited customer base. When revenues fall below expectations, many of these businesses struggle to survive. When some of these ventures eventually collapse, the immediate reaction is often to blame the government. However, the government is not a parent to entrepreneurs. While it has a responsibility to create an enabling environment for business, the discipline of planning, managing capital properly, and making sound business decisions ultimately rests with business owners themselves. What may be needed more within the business community is openness and a willingness to share experiences. Many entrepreneurs face similar challenges, yet very few openly discuss their failures or the lessons learned from them. The culture of silence and secrecy prevents others from learning from those experiences. Greater openness about what works and what does not work in business could help avoid repeating the same mistakes. Societies progress not only through success stories but also through honest reflection about failures. Improving financial literacy, encouraging partnerships, promoting specialization, and nurturing innovation could significantly strengthen the survival and growth of businesses across Rwanda. In many cases, success comes not from doing many things at once or copying what others are doing, but from focusing on one idea, managing capital with discipline, collaborating with others, and continuously learning from both successes and failures. linkedin.com/pulse/why-many…

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@Cobratate No Black People in Hong Kong ???

GM No black people 🙌✅

Assembling a Quantum Computer:

Technology changes over time, but if you can learn how to problem-solve, you are going to do great things." Lisa Su, CEO of AMD