Favour Truth

Thinking in public: startups, life & people |
Built payment identity for creators |
Stick around, you'll laugh, learn, or relate hard

[Favour Truth @nexa_favour]

What’s a product that won because of distribution, not because it was technically the best?

Building products has convinced me that distribution is one of the most underrated competitive advantages.

[Favour Truth @nexa_favour]

@hackSultan
@TosinOlugbenga
@paystack
@euniceajim
@SemudaraAbayomi
https://t.co/1cwXLNShpK

[Favour Truth @nexa_favour]

Stop sharing account numbers, Start sending your name. Get paid faster with https://t.co/8bHDTZgFoF, straight to your account.

[Favour Truth @nexa_favour]

Stop sharing account numbers, Start sending your name. Get paid faster with https://t.co/8bHDTZgFoF, straight to your account.

[Favour Truth @nexa_favour]

Stop sharing account numbers, Start sending your name. Get paid faster with https://t.co/8bHDTZgFoF, straight to your account.

[Favour Truth @nexa_favour]

Stop sharing account numbers, Start sending your name. Get paid faster with https://t.co/8bHDTZgFoF, straight to your account.

[Timmy | Evolution @timmyisagod]

Iyin co-founded andela at 23, flutterwave at 25 and was able to raise millions in $, right now founders around 23-25 are struggling to raise $50k to fund their ideas , even after showing good promise , building an mvp and having sufficient traction.
Why has it become harder for young founders in Nigeria to raise money right now?

[Your Designer @Daviowhite]

Imagine a unified digital experience where accessing your Nigerian Services like international passport, NIN registration and more, all happens securely in one place.

I designed AccessNG, a unified system built to streamline public infrastructure, simplify applications, provide feedback and put citizens first.

See detailed case study
https://t.co/wfimJ1gXki

A thread 🧵

[Teddy Blank @teddypowday]

Your CEO should be strong.

Your CTO should be wise.

Your COO should be wicked, cunning, of mysterious origins, fluent in the dark arts, blurry in pictures,

[𝗕𝗿𝗶𝗮𝗻 𝗥𝗲𝘆 @BrianMRey]

ai startups today are basically:

95% Claude
5% landing page

and praying a tweet changes their life

[Favour Truth @nexa_favour]

I noticed most freelancers still send account numbers manually.

So I built something that lets you receive payments through:

https://t.co/8bHDTZgFoF

instead.

Would you use this or stick with account numbers?

[Eunice Ajim @euniceajim]

AI will make it extremely easy for African founders to build.

The hardest part, and the one thing I really want more people to work on, will be distribution. Go out and find customers, get money, prove that whatever you're building is actually worth building, before going to raise VC money.

[Favour Truth @nexa_favour]

https://t.co/1cwXLNShpK

[Anthropic @AnthropicAI]

We've raised $65 billion in Series H funding at a $965 billion post-money valuation, led by @AltimeterCap, Dragoneer, @Greenoaks, and @sequoia.

This investment will help us advance our research and expand our capacity to meet growing demand for Claude.

[Sahil Bloom @SahilBloom]

I'm convinced that the single greatest challenge for any ambitious person is eliminating the guilt associated with free time and rest.

[Favour Truth @nexa_favour]

Building something from nothing in Nigeria means fighting the product problem AND the light problem AND the data problem AND the self-doubt problem. Simultaneously. Every day.

[Favour Truth @nexa_favour]

“Your network is your net worth” was written by someone who already had a network.

[Elon Musk @elonmusk]

Cybercab driving itself out of the GigaTexas factory

[David Hundeyin @DavidHundeyin]

I'll also say this as someone who grew up on the nice side of the barbed wire fences and high gates in the very nice part of town where the Nigerian 0.1% live - learn to touch grass and worry about yourself because rich people really do not care about you. Like, at all.

The Nigerian rich don't even like each other. They barely tolerate one another and make practical alliances to preserve wealth and influence. And now that the economy is too small to support all the children of the Nigerian 0.1%, nearly everyone I grew up with in the nice, leafy part of town now lives in Toronto or London or wherever. You, Mr N250k/month Union Bank contract staff are not part of rich people's thinking at all.

At. All.

The rich have no plans for you. They have no plans to create opportunities for you. They have no plans to fix the things they broke on their way to building that N1bn townhouse in Parkview Estate. They have no plans to contribute towards making society better. If Satan came from Hell with a tail and horns growing out of his head and he ran for political office, the rich would all go make deals with him - because in the world of the rich, the only thing that matters is their own interests, and making sure that they never, EVER have to live like you or next to you.

So all this simping and vicarious fawning over wealth and fame that you people do everyday is the most redundant thing in the world - the rich have no intention of expanding their circle to let you in, and they have no intention of enabling the conditions for you to create your own independent circle of wealth. The only thing the rich need from you is to be poor and obedient, so that your labour can be cheap, plentiful and replaceable.

Statistically as a Nigerian, you will NEVER be rich or close to it. You will NEVER live in Maitama. 99.99% of Nigerians who have existed since 1960 have prayed and fantasised about becoming rich, and 99.99% of those prayers and fantasies never came true. That's just math. You will never be a rich and famous celebrity. You will never be a successful content creator. You will never make millions shilling crypto, trading Forex, sports betting, or whatever the fuck is the latest quick wealth fantasy in town. It's just not going to happen.

That being the case, a much more constructive use of your time would be to fight for the material elevation of what you actually have, where you actually have it. Instead of daydreaming about the N300m house in Lekki that 3 generations of your family cannot buy, get involved in a local effort to give your own immediate neighbourhood a facelift, or a political campaign to pressure the state to build high quality social housing.

If you hate being harassed without consequence online, instead of vicariously enjoying how a celebrity has used their wealth and influence to jail someone for making a horrid tweet, fight for a judiciary and legal system that is transparent and accessible to all, so that a singer living in the UK on a global talent visa doesn't get to have more access to your Nigerian justice system than you who lives in Nigeria 24/7.

Instead of building your mental architecture around the false idea of being a "temporarily embarrassed millionaire" who will someday take your rightful place on Banana Island, touch grass tonight and accept that it will never happen, and what you need to do instead is fight for where you are to become a better, more liveable place that you no longer wish to escape from. Stop cosplaying as rich folk. Stop cooing and fawning over rich folk. Stop daydreaming about someday "blowing up" and buying a house next to Burna Boy. Rich people have no intention of sharing their world with you. Free yourself from the tyranny of living vicariously through people who don't care that you exist.

Them no really send any part of your papa at all.

[Favour Truth @nexa_favour]

@Twendee_ Your DM is locked, how do I contact you