Elodimuor

Entrepreneur. Solving Built-World problems... Unlocking value in underused resource economies. Emerging Tech, spaces, education and human capital.

[Elodimuor @Elodimuor]

@JasonNjoku Much like tech-enabled was buzzy… It’s all “moat-signaling”, expect to see AI harness & SaaS startups masquerading more as services(-first) businesses.

[Elodimuor @Elodimuor]

@ChifeDr With large rounds, it’s not uncommon for committed funds to be tranched & tied to growth milestones, when missed and core metrics (CAC, paid signups, churn etc. ) are headed the wrong direction, the startup can fail. Most startups in our market just can’t get to venture scale.

[Elodimuor @Elodimuor]

@iaboyeji @supersanusi What application? For consumer electronics, residential/off-grid energy solutions or grid-scale storage?

[Elodimuor @Elodimuor]

@seunosewa Then you have another problem of banks not lending to small businesses because T-bills can be bought at 24% and are risk-free. No?

[Daniel Vassallo @dvassallo]

If you dislike DHH you should unfollow me.

[Elodimuor @Elodimuor]

@pyjama_ceo Ha! The new/potential acquirer is typically the intended target of the distress...

[Elodimuor @Elodimuor]

@DrJoeAbah ...make loans forgivable under strict criteria. Use the new law makers palliatives to provide vouchers for free limited healthcare services & food to the elderly and paid vocational training to unemployed youths.

[Elodimuor @Elodimuor]

@DrJoeAbah 1 yr matching funds/payroll loans to SMEs to hire new grads & anyone out of work longer than 18mos. Target 200,000 SMEs who can add 5-10 new heads to payroll at min N40K+ pay range. 1m+ net new jobs/taxpayers, increased economic activity+ labor productivity. Rinse repeat 4-8x.

[Elodimuor @Elodimuor]

@iaboyeji Would be great to bias this towards aggressive expansion of labor supply for industries with severe shortages (healthcare, manufacturing, education etc.) and national strategic importance (energy, agriculture, security etc.). Nothing wrong with studying horticulture though…

[Elodimuor @Elodimuor]

@iaboyeji Good first act. Next should have explicit provisions + prefs for families of active service and law enforcement officers etc. and include grants. Sunset clauses should included to require reauthorization every 5 or so years ensuring the act does not outlive its usefulness.

[Elodimuor @Elodimuor]

@pyjama_ceo Full article here... https://t.co/6RH0aQ3ab8

[Elodimuor @Elodimuor]

@pyjama_ceo Saw this last week... "Founded in 2018, the M&A Research Institute uses artificial intelligence to match potential buyers with companies that are typically facing the risk of closure, despite being profitable, because their owners are aging and unable to find successors."

[Elodimuor @Elodimuor]

@EghosaO 😅

[Elodimuor @Elodimuor]

@markessien Microsoft will likely provide platforms and tooling (Copilot) to enable enterprises build AI on their proprietary/internal/domain specific data with ChatGPT at the base. Tons of enterprise value to unlock there. Google/Meta - consumer experiences perhaps.

[Elodimuor @Elodimuor]

@markessien Then there's Stability pushing AI to the edge or hardware/OS layer. Similar to how your iphone can face unlock, a ~2gb LLM can run offline on your phone/tablet and do what ChatGPT does today. The prize imo is getting AI to specialize deeply (AI lawyer) and also generalize (AGI).

[Elodimuor @Elodimuor]

@markessien Software is magic. Levitation - propulsion systems got that, dragons - I'll leave that to archeologists... Life as we know it may very well be a simulation, then again who knows?

[Elodimuor @Elodimuor]

@pyjama_ceo 💯 on that last part especially re unit economics. But investors also need to "merge", work better together and concentrate capital so growth stage founders can establish (regional/international) dominance faster... Less spray and pray.

[Elodimuor @Elodimuor]

@afalli @EghosaO Opens the door to technicalities and potentially makes it up to the judge whether it will be admissible or not. Not worth the chance.

[Elodimuor @Elodimuor]

@afalli @EghosaO Very strong argument for the defense.