Enterprise software is a massive latent opportunity which must be unlocked. And the interesting element is that creating it may not even be where the juice is. The richest person in America of African origin makes money via enterprise software.
Robert F. Smith’s Vista Equity Partners does one thing: “invests in enterprise software opportunities through multiple strategies including private equity, permanent capital, credit and public”. In other words, he does not write codes but buys produced codes packaged as enterprise software. Robert F. Smith is worth $11.9 Billion!
Why this post? A young investment analyst feels lost that he cannot write software. People, who told you that you need to write software to become successful in the business of software? We must avoid the temptation of the group think, and go out and pioneer new vistas in our careers.
Yes, depending on how you look at it, Robert is the most successful tech geek of African origin, but I am not sure, he knows how to code in Python or whatever because who needs snakes when you can decorate the house with benjamines!
As I write, I am looking for someone with vision to do what Robert F. Smith has done, for Nigeria’s capital market, with another embedded layer of integration, automation and digitization upon enterprise software across many Nigerian sectors, and with the eye on listing in the Nigerian Stock Exchange via different vehicles! If you know anyone with capacity, Tekedia Capital is open to invest.
“Software will eat the world”, they say, but something must prepare the food. Are you there – and ready?
Tekedia Mini-MBA edition 13 (Feb 5 - May 4, 2024) has started, join Prof Ndubuisi Ekekwe and our global faculty here.