Most of my direct reports are experienced managers closer to my age. Some younger people I work with confuse me. I am never sure if its: a. They underestimate the amount of work, focus, follow up and intention needed to get hard stuff done b. They know. But have consciously

Vanilla Moon restaurant in Victoria Island offers Unlimited Tacos & Cocktails for N20k every Tuesday. I visited them and it was an 8/10 experience. Will you be there? 🌮🍸

For founders: Our team Accion Venture Lab has put together a free resources library for founders. Bookmark this for future use ↓

We really need to stop using 1900s war vocabulary in corporate lingo. There’s nothing like “crushing the competition” my brother in Christ, you push Jira tickets and Notion docs for a living, so does your counterpart at company X.

Survivorship bias is a type of selection bias that occurs when you only focus on the "success stories" or the things that "survived" a process or selection, while ignoring or overlooking the things that didn't make it. This can lead to an overly optimistic or skewed perception

The price of Tesla ranges from $41,000 - $82,000 while that of Xiaomi goes from $30,000 - $41,000. This is why Tesla shares are taking a hit. Welcome to Markets 102: Competition and price discovery.

GTCO has announced plans to raise $750 million.

In 2019, the exchange rate was about 18% overvalued. But it remained so because the CBN had enough weaponry in its arsenal to defend the currency. During this period, there were also structural inflation (that we still have today). The economy stabilised because the right

Interesting one from Nestle Nigeria PLC. 2023 of course was a very difficult year for every business in Nigeria. For large corporates like, Nestle, Nigerian Breweries, Cadbury, Dangote Sugar, and BUA Foods; it was FX losses galore. It was so steep that some of these coys' net

7% Faith

A slightly separate yarn: I had the privilege to do a 2024 macroeconomic outlook presentation to a board early this year, and the biggest risk to the global economic growth we identified was 'geopolitical tensions'. The world stopped making sense since 2016.

This is one of the reasons why the CBN is often very reluctant to let one or few entities own banks in Nigeria. A bank is 90% run on customer deposits, and 10% owned by shareholders. Therefore, a few shareholders can not be allowed to do whatever they like with the bank. From

Last year I raised $380k for a startup and gave everybody their money back after deeply looking at the unit economics. Maybe na me una for dey drag by now but mercy said no.

Berkshire tribute to Munger

Interesting. // A House Divided: How N430 Billion Loss Tore Zenith Bank Apart - The Capital NG thecapital.ng/a-house-divide…

"A strange rule for Venture Capitalists - only invest in companies that have the potential to return the value of the entire fund. This is a very scary rule, because it eliminates a vast majority of possible investments. Andreessen Horowitz invested $250k in Instagram in 2010.

Macroeconomics cheat sheet:

Thousands swear by the tips to unf*ck themselves in the 30 books. I gave it a go to see what all the fuss was about.