On African tech: 10 years ago so much energy was on fiber optics, towers, handsets.
Today: a digital company that is 5 years old has a quarter billion dollar exit.
Tomorrow: one of the fastest growing companies (by revenue!) Iโve seen is African, started 2 years ago.
The holy grail in startups is discovering a problem that everyone has a different solution for, and no one is happy with it. There are still way more of these markets than we realize.
Kevin Ryan:
- Launched Dilbert website in 90s
- CEO of Doubleclick (acq. Google, $3.1b)
- Founder of MongoDB (IPO, $12b cap)
- Founder of Business Insider (acq. Axel, $442m)
- Founder of Gilt Groupe
- Founder of Zola
- Founder of Nomad Health
Reasonably decent resume.
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It's even worse than that. In the US, 3 consecutive years of declining life expectancy (unprecedented) and now ~$11,000 per person #healthcare spending https://t.co/7PaLGyglVT @ECONdailycharts@TheEconomist