We’re starting today with a superior approach to life.
Hands = Productive.
Direction = Crystal Clear.
Resources = Abundant.
Lack = An old memory.
Called to lead on a table of Kings.
Excellence, Mastery, Competence and Security. Undeniable results.
Boy, am I glad your tweet found its way back to me! I've been searching for it for ages. I absolutely loved that analysis you did a while back on MTN shares against inflation really great work.
BUA publicly detailed how Dangote blocked him from building his first sugar refinery factory at Tincan Island port in Lagos.
They approached Usman Dantata , Aliko Dangote’s uncle, and leased his NPA waterfront land (4.5 hectares) at the Tincan Island port, ‘Polo House’.
Then they took the land, signed an agreement with the consent of Nigerian Ports Authority, and paid all applicable dues.
Dangote waited until BUA's contractors and equipment were to be mobilised to the site, and then he went to former President Obasanjo.
President Obasanjo had the land revoked entirely. The president, in turn, gave the lease to Dangote. As a result, even his uncle lost the land. BUA was only given 24 hours to vacate the land.
BUA secured the alternative land directly from Abdul Samad Rabiu’s late father (Khalifah Isyaku Rabiu), who gifted it to them.
Today, the sugar refinery still remains operational on that land.
I learnt about this in my Business analytics degree and I’m going to break it down for you.
Temu isn’t shipping your order from a factory in Shenzhen the moment you tap “buy.” They moved away from that model a while back. What they run now is a demand forecasting operation: they collect order data by region, figure out which products people in, say, Yaba or Lekki keep buying, then ship bulk quantities of those products to fulfilment warehouses already inside the UK or US. Your order never left the country. It was already sitting in a warehouse 40 miles from you before you even opened the app.
This is standard supply chain logic. Amazon has been doing it for years. What makes Temu interesting is how aggressively they’re applying it at scale. They’re working backwards from purchase history, search behaviour, and even abandoned carts to predict what needs to be stocked where, weeks before the demand actually lands. By the time you order a #5000 phone stand at 11pm on a Saturday, there’s a reasonable chance 200 of those phone stands are already in a depot near you because the data said they would move in your postcode cluster this weekend.
It’s called inventory pre-positioning, and the predictive layer underneath it is machine learning working on millions of rows of transaction data daily.
The “made in China” framing still applies to where the product was manufactured. That part’s accurate. But manufacturing and fulfilment are two completely separate steps, and people keep conflating them.
What Temu figured out is that fast delivery is a conversion driver, so they invested in the forecasting infrastructure to make it possible without eating the cost of next-day air freight on every order. The warehouse does the work. The algorithm fills the warehouse.
I’m @jalaal_tweets, you’ll learn more about Data and Ai fluency if you follow me.
That was a short-term loan when I ran out of money in 2008. He did not receive any equity for it.
Antonio’s ownership stems from absolute support, even when it looked like SpaceX would fail, and many investments over 2 decades.
One could not ask for a better friend. He is a great man.
Great thread by the GOAT of valuation.
He values Space X at:
$1.25 tr - Enterprise
$1.325 tr - Equity
SpaceX will probably go down as one of the most defining companies of our generation but even generational companies can become terrible investments if you buy them at the wrong price. Price always matters.
Like I said yesterday, I will be buying a lot of it ever comes down to $1tr
SpaceX was founded to make life multiplanetary. We’ve been able to expand that mission with our Starlink constellation and AI solution
Learn more → https://t.co/PSCyWrMUYI
Interesting stuff...
Mr Jim Ovia invested 5.5m USD in TeamApt "now moniepoint" in the year 2019 for 20% of the company at the time...
Tosin Eniolorunda