Every month @vp_fund publishes the Series V newsletter where we aim to provide founders and investors - insights on company growth in Africa. 1/6
In our latest edition, we covered “Churn” - what it is, how to calculate it, and how to minimise it. We also shared some simple steps you can take to get a grasp of how churn can impact your company. Read it here: bit.ly/3eicSic 2/6
On Series V we have also covered the Mom test, validating your startup idea, creating urgency in users, and how to know if you have a killer product. Read the full article here: bit.ly/3nNgonS 3/6
Another great read is our article on Cargo Cult culture, featuring @vplatformhub, where we wrote on the dangers of copy and pasting organisational cultures and strategies without nuance for the African market. Read it here: bit.ly/3unKqBu 4/6
Our monthly blog is the best place to find out about our investments, portfolio updates, and our work across the continent. Read our yearly roundup here and since the years racing - anticipate our 2021 roundup: bit.ly/3mD41Zt 5/6
Join our mailing list to stay updated and get our monthly newsletter! It’s as simple as signing up here: eepurl.com/g1XWSz 6/6

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More from @kola_aina

10 Apr
It’s not even 9:30 am yet, and I have had so many exciting conversations already & am on my 2nd thread.

This is one of the benefits of my brief & rare period of solitude and reflection. #Thread
A random chat about HOV & DMX with egbon @obiasika this AM soon drifted to us talking about hubs, talent vs. opportunity in Nigeria, and the importance of solving the disparity across this vast land.
My egbon wanted to embarrass me with this line;

“I remember coming to your spot like five years ago and thinking this is the level and I can’t do this, but I can do something, so thank you, bro.”
Read 19 tweets
10 Apr
@eldivyn You need both. As they say; there is morning work, and their is night work. 😀

Chew gum and dance.

Whatever y’all decide; ignoring it is not an option.

They are legion.

They have always being there.

Some of y’all just got the memo.
@eldivyn I remember remarking at a dinner that @JasonNjoku hosted with other founders and investors- years ago at the Wheatbaker Lagos.

Guys, “we can't sit in Lagos building & ignore what happens in Abuja.”
@eldivyn @JasonNjoku The unpopularity of my suggestion struck me.

Years later, you can’t even ignore what happens in Alausa.
Read 9 tweets
24 Aug 20
When the coronavirus pandemic first really hit Nigeria in March, we all didn't know what to expect. As the impact on supply chains, employment, funding rounds & national economies became more manifest, many startups braced themselves for The End.
As layoffs were announced, some businesses folded up, VC’s (we @vp_fund kept investing) warned of dark times ahead & restructuring experts predicted the beginning of a “great unwinding” after a decade-long boom.
Five months later while challenges persist, especially with the impact on consumer spending & access to working capital, startups that offer virtual learning, telehealth, e-commerce, streaming, and software for remote workers are seeing a surge in demand.
Read 12 tweets
6 Aug 20

My son lobbied me to buy him a bracelet making kit from amazon.

I reluctantly agreed.

A week after arrival of said kit he walks up to say he has started a jewelry making company called “Braclee” and wished that I be customer number 1.
Proud of his industry I obliged, purchased 3 and was made to wear my brightly colored bracelets all the time inside and outside.
Read 10 tweets
31 Jul 20
If you follow me you already know how much of a fan I am of ⁦@EfosaOjomo⁩ work on the Prosperity Paradox.

Last week I shared his new paper titled; “Avoiding the prosperity paradox.”

What that title doesn’t easily giveaway is that this new paper shares 3 practical steps for entrepreneurs & innovators who are keen to tackle non-consumption and successfully build market-creating innovations, that we desperately need in the global half I call home.
Step 1: How to discover market creating opportunities. With some practical examples including Nigeria’s own @maxdotng
Read 7 tweets
29 Jun 20
Hello Nigerian Fintech Fam;

Tomorrow at 1pm WAT I will be moderating a very important panel:

Facilitating Financial Innovation and Inclusion through Effective Regulation - Lessons from Bank of Lithuania.

Bit.ly/DE_DS Image
This is an institutional knowledge exchange of @vplatformhub and partners - Digital Explorers Program digitalexplorers.eu

Please sign up here: Bit.ly/DE_DS

You want to sign up to engage with;
@MariusJurgilas who is a Board Member of the Bank of Lithuania & one of Europe’s foremost thought leaders on the future of banking. He is known as the godfather of Fintech in Lithuania. I referenced our memorable conversation in this tweet:
Read 8 tweets

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