Gospel musician and businesswoman Loise Kim has announced that she has no choice but to shut down her business after the KRA hiked taxes on importing goods via consolidated containers from KSh 2.5 million to KSh 3.5 million…
She is One of the musicians who vigorously campaigned across Mt Kenya with William Ruto for UDA government in 2022!!
Anthropic is worth $965 billion. Each of its seven co-founders owns about 1.6% of it.
OpenAI is worth $852 billion. Sam Altman owns none of it.
DeepSeek is worth $50 billion. Liang Wenfeng owns about 78% of it.
Now guess who Bloomberg just named the richest founder in AI.
It's Liang. $36 billion, up from $16.7 billion a few weeks ago. He built the smallest company on that list. Nineteen times smaller than Anthropic. And he walked out the richest man in the room.
The difference is not talent neither is it even the technology.
It's the cap table.
DeepSeek didn't take a dollar of outside money for years. It ran on the profits of High-Flyer, the hedge fund Liang already owned. So when he finally raised $7.4 billion in June, he wasn't begging. He was picking.
Look at the terms he set:
Investors had to park their money in a partnership he personally controls. Five-year lock-up. No voting rights.
They still lined up.
That is what "I don't need your money" buys you.
Two things worth taking from this:
1. Size is what people clap for. Ownership is what you eat. You can build something enormous and own a crumb of it. Or build something modest and own most of it. The second man goes home richer.
2. Leverage isn't what you ask for. It's what you don't need. Liang could dictate terms because he had his own money first. That's the whole game, whether you're raising $7 billion or negotiating a salary.
So the real question isn't how big the thing you're building is.
It's what percentage of it is yours.
And if the answer is zero, that might still be the right room to be in. Just don't confuse being in the room with owning a piece of it.
What we are seeing now is what was predicted in the Waki Commission Report, the Kriegler Commission Report, the Kofi Annan Mediation — Kenya National Dialogue and Reconciliation (KNDR, 2008–2013) and the TJRC Report (2008–2013). We must stop this before it gets out of hand
Hata Kindiki haamini macho yake. Nyota Fund beneficiaries were supposed to receive 25k but they have received 19k. Wamegula 6k. 😂
On top of the fact that your government is taking loans from the World Bank to bribe you!
#UshenziKE
After weeks of frantic searching since 9th June, our colleague Esther Wairimu Keige, Advocate, was discovered dead in Gatundu Forest.
My heart goes out to her family, friends and the wider legal fraternity as we grapple with this unspeakable tragedy. May they draw strength even as they walk through this valley of grief. We remain steadfast in demanding that those behind this heinous act be traced, subjected to due process and held fully accountable under the law.
Rest in power, Counsel. 🕊💜
Visibly shaken passengers were seen alighting from a Citi Hoppa bus that had been involved in an accident at Valley Arcade in Lavington. Kenyans are questioning why the NTSA still allows these old, unroadworthy vehicles to operate on Kenyan roads.
While you’re busy celebrating roads outside your docket, armed goons are robbing Kenyans at gunpoint. Chaiwali on General Mathenge Road tonight. Your ministry’s report card is written by the safety of Kenyans not by road projects. Armed robbers struck hotels and roads on a broad day light. Maybe secure lives before chasing credit.@NPSOfficial_KE@DCI_Kenya@C_NyaKundiH@NelsonHavi@omwambaKE
This is a sad incident, but we have forwarded as received:
Hello good morning,
I am a cab driver and the worst happened yesterday to me.
I got a trip request, a lady from mirema syndicate said she was going to kitengela.
She said her phone was off and yes I didn't see any red flags.
I started the trip and she said she was going to pick something then return, so it was a sort of a round trip.
Little did I know that it was a trap.
The moment we reached her destination I don't know what happened I lost my consciousness immediately and it was around 11 pm.
Luckily I woke up safe where I had parked the vehicle but all valuables that I had were gone.
I was feeling dizzy more than a drunkard but I said to my self let me try and get home.
It was the day of the devil, I caused an accident, luckily I wasn't hurt.
Plot twist is that, one of my phone's has the feature that, when you try to unlock it, it takes a selfie.
She got away with my Samsung A17 and iphone 14pro max.
My brothers and sisters from the @DCI_Kenya and @NPSOfficial_KE please help this Kenyan.
This was the most heartbreaking part of June 25th for sure. 😭😭
Saa hii Daktari mwingine huku anaongea ujinga juu ameonjeshwa blood money! We will never forget.