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Home Blog Page 5501

We fund entrepreneurs, not small business owners

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We fund entrepreneurs, not small business owners. We fund startups, not small businesses.

This distinction is deep and that drives our investment thesis. If you are attending Tekedia Capital Demo Day today, by now, we expect you to have known the difference. The World Bank and African governments will empower 3 million women entrepreneurs, for us, none is an entrepreneur but small business owners. The state government is going to empower 10,000 startups, for us, none is a startup but small businesses. Nations rise when entrepreneurs emerge even though small business owners are everywhere!

 

The Ember Months’ Era And Its Social Implications

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The last time I checked, the most famous and controversial ‘mber months’ era was already here with us in it’s not unusual manner and pattern.

The months that mark the end of the Gregorian calendar, that invariably start from September and end with December, are generally referred to as mber months. The term ‘mber’ might not be unconnected with the suffix that accompanies the entire months in question.

The three basic needs of man remain food, clothing and textile. It’s equally worth noting that the three major desires of any sane being are wealth, fame and power. It’s pathetic that currently mankind has derailed profoundly as regards the avenue being embraced towards obtaining any of these three desires.

Unequivocally, the manner in which most of our young ones nowadays parade themselves during the mber months has become so worrisome to all concerned, that, if proper and drastic measure isn’t taken by the apt authorities, it might degenerate into an unimaginable state of doom in the nearest future.

The uncalled and irrational quest for materialism among mankind, particularly the youth, especially during the mber months, remains one of the rudimentary causes of the various lingering social-vices taking place in all nooks and crannies.

Arguably, the current astonishing increase of death rate is attributable to some of these vices, to include cultism, armed robbery, cyber fraud, thuggery, prostitution, kidnapping, drug trafficking, assassination, and what have you.

The astronomical prevalence of the aforementioned vices during mber months has made the former to seem synonymous with the latter, thereby making people to perceive the season as forbidden.

Aside from the aforementioned vices, there are other countless anomalies associated with the period, such as over-speeding between commercial drivers, and cheating among sellers in various markets. This is the reason road carnage is invariably on the rampage at such a time.

The truth is that, no one seems to be safe during the ‘mber months, not just in Nigeria but across the globe. It is a period when an apprentice appears smarter than his master; a period when various law enforcement agents, who are meant to control the menace, indulge themselves in all kinds of sabotage or unpatriotic acts; a period when an average seller sells food stuffs with a cup’s bottom.

The ‘mber months’ era is a time when a commercial driver wants to cover a 7-hour journey within three hours; and of course, a season when a secondary school student feels like dropping from school towards participating in any available ‘moneymaking’ activity.

Survey indicates that the ongoing alarming quest for materialism or youth restiveness is mainly occasioned by inconsequential rivalry, greed and/or lack of contentment among the populace. This implies that the anomaly is a product of man’s inability to face reality at a given circumstance, even when the answer to the situation is very glaring.

Inconsequential rivalries are those competitions that are not called for, or that seem unreasonable and barbaric. On the average, politicians or established business men often indulge in this practice. It’s usually observed among this set of people during the electioneering era or when battling over supremacy, as the case may be.

Some of our youths also indulge in this act toward showcasing they belong to the ruling or most powerful class, with a view to proving that they are ahead of their contemporaries. Some individuals often do all sorts of things to find themselves in such a class.

Greed or lack of contentment has also contributed immensely to man’s intolerable quest for materialism, thereby setting the period that leads to any festive season, such as the ember months, ablaze. Greed has arguably brought humanity to a state of mockery, and has succeeded in tearing several unions or societies apart. Against this backdrop, it’s needless to state that lack of contentment has remained a colossal nightmare to mankind.

As mankind undergoes another era of ‘mber months, it is our collective responsibility to ensure that the commemoration of the forthcoming festive seasons, Christmas and New Year precisely, takes place in a peaceful atmosphere.

Hence, governments at all levels, schools, families, the civil society, religious institutions, the mass media, as well as all well-meaning individuals, are urged to do everything humanly possible towards ensuring that the ongoing ‘mber months would bring nothing but a blessing to the Nigerian society in its totality.

This can be actualized by embarking on a massive sensitization programme across the country via town-hall meetings, street awareness, and issuance of bulk SMSs, among others.

More so, the various relevant law enforcement agencies shouldn’t hesitate to arrest any individual or group caught in any of the above listed acts, and must ensure that the suspect is brought to book at all cost. In view of this, the judicial custodians ought to endeavour to maintain speedy hearing of any case relating to youth restiveness among others; such a step would definitely serve as a deterrent to all prospective criminals.

Similarly, the concerned security agents assigned to the roads ought to be very watchful and mindful at their respective duty posts towards fishing out bad eggs among commuters. The parents and guardians, on their part, should at all times equally be mindful of what their wards do, where they go, as well as who they mingle with.

Those who are already party to any of these uncivilized and blasphemous acts, or intend joining the chorus, ought to acknowledge that it is only by the grace of God one can acquire laudable and everlasting wealth, power, or fame come rain come shine.

Nigeria, likewise other nations, needs all her citizens alive, safe and hearty at all times, hence it’s our individual responsibility to do the needful to make her proud. 

Microsoft Overtakes Apple – Hits $2.49 trillion Valuation

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America, it plays on the stage while the rest watches: “Microsoft’s market capitalization reached $2.49 trillion, higher than Apple’s market cap of $2.48 trillion, making Microsoft the most valuable company” in the world. Microsoft is the only big tech company in the world that plays at the center and edges of the smiling curve at scale. 

Apple was the first company to reach a $1 trillion and $2 trillion market cap. The smartphone maker achieved the feat after beating oil company Saudi Aramco last year. However, covid-19-induced strains have impacted sales, jeopardizing some of Apple’s growth prospects.

Windows is the operating system of the world of business while Azure is beyond emergent in the cloud. With the world’s finest enterprise salespeople, Microsoft is the absolute business PLATFORM upon which empires of $trillions are built. 

The Wave 2 of the innovation society era is here. I will be meeting 7 startups tomorrow during Tekedia Capital Demo Day. The path to ascension begins this weekend.

Microsoft Overtakes Apple As World’s Most Valuable Company

Microsoft Overtakes Apple As World’s Most Valuable Company

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The wind of fortune keeps turning the tide around in the US tech industry, favoring one company and displacing the other now and then.

On Friday, Microsoft’s market capitalization overtook Apple’s, with shares of the iPhone maker under pressure after financial results underwhelmed projections set by Wall Street analysts.

Sales of iPhones were up 47% year over year but also fell short of analyst expectations. CBNC noted that Apple’s fourth quarter only included a few days of iPhone 13 sales.

Microsoft’s market capitalization reached $2.46 trillion, higher than Apple’s market cap of $2.43 trillion, making Microsoft the most valuable company.

That title exchanged hands as Microsoft stock rose 1% to $327.50 Friday, while Apple dropped as much as 4% to $146.41 after the company late Thursday posted its first miss in quarterly revenue since 2018. Fiscal fourth-quarter sales of $83.4 billion were below expectations of $85 billion, hurt by supply-chain disruptions for semiconductors.

“This speed bump will continue to weigh on revenue in the critical December quarter in the lead up to the festive season. However, what is clear is that Apple’s short-term issues are not driven by a lack of demand,” said Victoria Scholar, head of investment at Interactive Investor, in a note Friday.

Apple was the first company to reach a $1 trillion and $2 trillion market cap. The smartphone maker achieved the feat after beating oil company Saudi Aramco last year. However, covid-19-induced strains have impacted sales, jeopardizing some of Apple’s growth prospects.

Apple’s stock roughly 12% advance during 2021 “feels like a damp squib compared to last year’s 70% gain with some of the shine coming off the tech sector amid lofty valuations and as post-pandemic life resumes,” she said.

However, she noted Apple could still potentially become the first company to reach a $3 trillion valuation in the coming years. But the way it is going, Microsoft and Apple are likely going to play the Tom & Jerry chase for a long.

The last time Microsoft was more valuable than Apple was in May of 2020, amid the COVID-19 pandemic and stock market volatility. At the time, shares of the Redmond-based company suffered a slightly smaller decline than Apple did.

However, the gap between Apple, Microsoft and the rest are still wide, which means, no new company is expected to emerge as the most valuable company soon.

Learn Cloud Computing, Digital Security, etc with Suraj Ajisebutu of Laurel IT World USA

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Good People,  I am happy to raise the voice for this amazing African on a mission. Suraj is a technology luminary and he has used his spare time to help many Africans in North America. With him, immigrants who came to the beautiful America have transitioned from a minimum wage of $10 per hour  to a higher scale of $40.

He is certified in the leading cybersecurity domains. But he did not stop on digital security. Yes, on his quest to help people, he has sent dozens of these immigrants and paid for their Tekedia Mini-MBA training.

He wanted them to understand business and speak business language in America. So, this post is to support his mission and also to tell those who may need his services to connect. His brochure and contacts below.

His company trains mainly in these areas:

  1. Cybersecurity Analyst/Auditor
  2. Control Analyst
  3. IT Risk Analyst
  4. Third party risk/vendor relationship management
  5. IT Compliance/Privacy Analyst
  6. IT Governance
  7. IT Auditor
  8. Cloud Assessor

He runs a big independent IT training and places people in nice jobs. If he trains you, he could attend Tekedia Mini-MBA as he pays for his students to come to our school.