Bitcoin Savage retweetledi
Do not be like me who missed a huge opportunity. While I have done other great deals, I want everyone to remember what it means to miss an opportunity because of "cloudy thinking" on risk perception. My story on how I lost investing in Kuda bank.
This is it: the Kuda team waited for me for 3 hours in Lagos for a possible small investment in Kuda. When it was all done, I did not write that cheque. I had arrived from US to run a program for our nation’s leading CEOs; the innovators abandoned everything in the startup, and camped as I guided the executives on the mechanics of business systems.
Today, Kuda is worth at least $500 million. I wanted to write them a cheque of $100k but later pulled out as I did not understand how they would make money (it is a self-styled bank of the free). Had I pushed the trigger, that $100k would have become at least $7.5 million within two years!
Do not pity me (I am fine…lol); pity the 99.99% who are disconnected from this new dimension of value creation and capture. It is because of that anomaly that I created Tekedia Capital, to provide opportunities for We The People to co-own a piece of the empires of the future. The largest financial institution by market cap in Nigeria (yes, Flutterwave) is less than 8 years old.
People, open your playbook because by 2025, Nigeria/Africa would be radically transformed if you check what is happening in these new species of companies. #RethinkNewWealth tekedia.com/unicorns-the-t…
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