I’m Yele Bademosi, Founder & Managing Partner of Microtraction, ASK ME ANYTHING!

[yelebademosi]

@nubikay

Hi @yelebademosi – Thanks for taking the time to do this.

Was just curious about these:

1 – "why"did you decide to go after technical founders

2 – has the local ecosystem gotten to a point where there are enough technical founders to make a dent

3 – will you (Microtraction) be doing anything to increase this capacity

Bonus – Will Microtraction invest in a team where the technical co-founder is foreign and the business co-founder Nigerian/African?

Hi Nubi,

1. There are lots of people with “ideas” than there are “technical founders”, we decided to go with this initial focus because it’s a fundamental belief of ours that’s it’s really hard & costly to build a tech company without a tech founder – also my personal experience as a non-technical single founder vs when I was technical with a technical CTO/founder was mind blowingly different, we were able to ship an app from idea to app store in under a week compared me spending 16 months to recruit/outsource development

2. We have Andela & Andela DLC, Switch, ForLoop, DevCenter, Ocean Digits, “Forward thinking” Universities and many more creating this pool of talent – we don’t think we are there yet but there’s definitely positive momentum. Special TUALE to the Developer Evangelists across the continent

3. We are definitely thinking about it, our guiding philosophy is to “Stand on the shoulders of giants but build from first principles” – We want to teach people how to code from their mobile phones at their own convenience, for free whilst having access to mentors/community". Would be great if a startup set out to solve this problem as we’ll definitely be interested in funding a company like this.

Bonus Answer – we want to fund Africa focused or based founders so the answer is yes !