airsaylongcon:


How he can say Facebook isn't a tech company is baffling. Does he have any idea neural network algorithms been developed and worked on by Facebook software engineers? I guess when all you interact with Facebook only as a user then U'd be clueless about the heavy lifting on the back end

Cacawa2:
Listen, these are not tech startups.

These are websites. Just websites.

For example, Microsoft is a tech company, Facebook is not a tech company.

When we talk about ICT, Info, Comm and Tech, some companies are simply Info...e.g Facebook. Some are strictly Comm...e.g MTN, While some combine all, e.g Microsoft which runs Hotmail, Skype,Windows, Xbox, PC, Laptops, etc.

Google has began to migrate from being just an Info company (www.google.com, google maps, translator, gmail, etc) to becoming a communications company (hangout, google talk, etc) and also now a Tech company (Google specs, Nexus Phone, etc)

Nigerians would even call Nairaland a TECH company....Illiteracy at it's peak.

Cacawa2:


A tech company is not a company that USES technology.

But a company that MANUFACTURES technology.

Otherwise, you would call CIA or DoD a Tech company because they solely depend on Technology to work.

harmbhrosz:
oga just because a firm solely operate on internet doesn't make it a tech company, we are literate enough to understand this na, internet is part of a technology that stands as a platform for easy connectivity.

Microsoft, Google, Nokia, Apple, Canon, even Amazon (which now produce tech appliances) are companies that should be regarded as Tech companies pls

just because Julius Berger uses technology machines to construct doesn't make them a tech company, just because Channels TV uses cameras internet and other tech in running their company doesn't make them a tech company.

simiolu1:


I'll address the bolded.

Every idea is a copy or metamorphosis of another idea. Mention any idea from the top of your head (whether you thought about it) or its already in existence; I'll pick it apart and show you that the above statement is true. It is simply the law of nature and it is true in Science, Technology, Business, Psychology and so on. So, marketplaces are not new; they are very old--eBay, Craigslist etc.

While I understand your point, innovation is not some rocket science we think it to be. Because at the end of the day; your service, product or solution should solve your user's/customer's problem/challenge in the simplest way possible. Customers don't care about the technology; the question is what can it do for them? If it does that thing successfully and delights them in the process; it is innovative.

How do you think people in Nigeria felt when they could buy Nokia 3310, purchase that "thing" called sim card, put it in their phones and call anywhere in the world? Europe and America had been using telephone lines for a very looooooong time. But to the Nigerian; the GSM was innovative. How do you also think it felt when people were now charged per second instead of the per minute billing that MTN and Econet had been known for?

My point: innovation is in the complex engineering problems and it is also in the simple things. It can be as complex as a self-driving car, and it can also be as simple as pricing or mode of payment. That is why Nigeria is the only country in the world that Uber accepts cash. That is also why Nigeria is one of the few countries in the world that e-commerce stores do pay-on-delivery. That my bro is also innovation.

So the question I would ask you is this: would you start a self-driving car company in Nigeria? Would you start something like SpaceX in Africa? The point is simple: people look first and foremost to their immediate environment for problems and challenges to solve. When that solution becomes successful, they then look to expand it.

That is why Nigeria critically needs companies like LifeBank to handle the logistics of moving blood from where it is to where it is needed so that patients would not die. That is also why Nigerians need something like Kudi.ai that allows them to make financial transactions from Facebook messenger. That is also why Nigerians still need something like Hotels.ng to allow them book for hotels from the comfort of their phones. Because in advanced countries, these problems have been solved ten times over.

Startups loose money for a lot of reasons; pegging it at "copying" is at best simplistic.

Cacawa2:
Listen, these are not tech startups.

These are websites. Just websites.

For example, Microsoft is a tech company, Facebook is not a tech company.

When we talk about ICT, Info, Comm and Tech, some companies are simply Info...e.g Facebook. Some are strictly Comm...e.g MTN, While some combine all, e.g Microsoft which runs Hotmail, Skype,Windows, Xbox, PC, Laptops, etc.

Google has began to migrate from being just an Info company (www.google.com, google maps, translator, gmail, etc) to becoming a communications company (hangout, google talk, etc) and also now a Tech company (Google specs, Nexus Phone, etc)

Nigerians would even call Nairaland a TECH company....Illiteracy at it's peak.

Leopantro:


very interesting point. we need to differentiate between tech startup and websites.

biggy26:

You are still learning. That's why Naija hasn't gone so far, it's cos of definitions like yours. Pls go do your research properly before u make public statements!

biggy26:

You that agreed with cacawa on tech companies are also a learner just like I told him. Do your research pls.

Rating:


I disagree. The worldwide classification of these so-called tech-based or web-based companies are all under the same category: Internet/Technology

Cacawa2:
Listen, these are not tech startups.

These are websites. Just websites.

For example, Microsoft is a tech company, Facebook is not a tech company.

When we talk about ICT, Info, Comm and Tech, some companies are simply Info...e.g Facebook. Some are strictly Comm...e.g MTN, While some combine all, e.g Microsoft which runs Hotmail, Skype,Windows, Xbox, PC, Laptops, etc.

Google has began to migrate from being just an Info company (www.google.com, google maps, translator, gmail, etc) to becoming a communications company (hangout, google talk, etc) and also now a Tech company (Google specs, Nexus Phone, etc)

Nigerians would even call Nairaland a TECH company....Illiteracy at it's peak.

RichardKajola:
Jumia is bigger than Konga

Jpaul16:
Konga was started by a Nigerian while jumia was not

Cacawa2:
Listen, these are not tech startups.

These are websites. Just websites.

For example, Microsoft is a tech company, Facebook is not a tech company.

When we talk about ICT, Info, Comm and Tech, some companies are simply Info...e.g Facebook. Some are strictly Comm...e.g MTN, While some combine all, e.g Microsoft which runs Hotmail, Skype,Windows, Xbox, PC, Laptops, etc.

Google has began to migrate from being just an Info company (www.google.com, google maps, translator, gmail, etc) to becoming a communications company (hangout, google talk, etc) and also now a Tech company (Google specs, Nexus Phone, etc)

Nigerians would even call Nairaland a TECH company....Illiteracy at it's peak.

Jpaul16:
A lot of tech startups have graced the Nigerian tech scene in the past ten years, with only a few making it to the top, while others fell due to the gravitational pull of the challenges they faced. While there are so many of them in their respective fields, I have listed just seven of them that really stand out.

Konga

Konga is an online ecommerce website where people can search for goods of almost any kind and order them. Their orders are then processed and delivered to them at their doorstep. As of 2016, konga was worth about $34million and had over 180, 000 users, 80% of them acessing the site via mobile phones. In 2014 konga recieved $25million in a series b funding and $60million in august 2012. Konga was founded by Sim Shagaya in 2012 and is Nigeria’s biggest online shopping mall.

Paga

Paga is a mobile payment service founded by Tayo Oviosu. Customers can use paga to send money to anyone in Nigeria either from their mobile phones or any internet enabled device or through paga agents spread across the country. Founded in 2009, Paga has grown to become one of the most used fintech service in Nigeria. In less than a year after launching operations, paga had accumulated over 32,000 active users and processed transactions worth over $1.6million in volume. As of 2016 it has processed transactions worth over $156 billion. Paga recieved $13million in series B funding in october 2016.

Hotels.ng

Hotels.ng is the brain child of Mark Essien. He noticed the lack of online hotel booking platforms in Nigeria and promptly went ahead to solve it, and hotels.ng was born. It is an online hotel booking platform where you can browse through thousands of hotels and book their desired rooms. In 2015, hotels.ng recieved $1.2million in investment funding. The company has over 5000 hotels in its database and has seen over $2.3million in transactions and had hit a revenue of 480,000 per month in 2014.

Irokotv

Irokotv is an online Nollywood movie streaming website, where users have access to thousands of nollywood movies. Irokotv works on a subscription basis; 3000 Naira per year, though they recently began offering data free downloads at kiosks of their agents scattered throughout Nigeria. Irokotv has over 65,000 subscribers, most of which are located in the diaspora. Launched in December 2011 by Jason Njoku and Bastian Gotter, IrokoTv recieved $8 million from Tiger Global in 2012 and Kinnevik invested $2 million in irokotv. Irokotv has often been called the Netflix of Africa.

Printivo

Printivo was founded in 2013 by three young men; Ibukun oloyede, Oluyomi ojo and Ayodeji Adeogun. According yo Oluyomi Ojo the CEO, he saw a niche that was underserved and that was why he and his cofounders set up printivo.Pritivo is an online do it yourself card design and printing service. It allows users to design the cards of their choice, choosing from lots of available templates, and after designing, order for copies to be printed and sent to their doorstep.In 2015 printivo closed a six figure investment seed from EchoVc and was recently selected among the 20th batch of 500 startups’ program.

Tolet.com.ng

Tolet.com.ng is an online property rental portal where users can search for houses amongst thousands listed and get in touch with agents.. It was founded in 2013 by four visionary young men: Fikayo Ogundipe, Sulaimon Balogun, Oladipo Eludire and Oluwaseyi Ayeni. As of 2016 tolet.com.ng had over 20000 listings on its portal. The company recieced seed funding from Jason Njoku’s SPARK.NG, and in 2016 it raised $1.2 million in series A funding led by malaysia based Frontier Digital ventures.

Jobberman

While many students were fretting over what would befall them after they graduated from school, three men were busy solving the problem. Jobberman, an online jobboard where companies can post job vacancies and the unemployed can find jobs is the work of Opeyemi Awoyemi, Ayodeji Adewunmi and Olalekan Olude.In 2011 a New York based fund with investments in facebook and linkedin became an investor in jobberman. In 2015 One Africa Media acquired a 100% stake in the company. Jobberman was also listed among the top Tech startups by forbes in 2012. 

Source [url]techburn.com.ng[/url]