How to build a multi-million dollar company without raising funding. Is it possible?

[spokentwice]

@MikeOck thread has 3 components to it: Funding + exiting + recruiting.

Forget Silicon Valley dreams. This is the best route for African startups

On funding Forget about investors, Series A, Series B, Series C crap. This route that has been popularized in the tech media does not work in Africa. First of all, African tech markets are too small to be dreaming about ‘unicorn’ status. In Africa, most well executed startups will end up making between 10-100k USD per month. This is good, but when you have been given millions of dollars of funding, it’s nothing. Also we don’t have a good IPO market in Africa, so forget about IPO. And finally, …

Funny fact is that it aligns with VoguePay’s playbook since 2012