MT 🇰🇪 @matt_magera Twitter profile

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MT 🇰🇪

10 months

Today, Kenya's most valuable company, Safaricom, with 46M+ subscribers and providing jobs to over 1.2M Kenyans, is worth less than $4 billion. And you want to build a unicorn, hit $1 billion plus in value, from your bedroom, in 3 years? Inafaa tuanze kuwa realistic sasa... 😅

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MT 🇰🇪

@matt_magera

10 months

In reality, most of our ideas have no legs beyond Nairobi. We are building mobile apps & SaaS tools for smallholder farmers. As we build, do we really consider socio-economic, digital literacy, and smartphone penetration levels, which would all be fundamental roadblocks?

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@matt_magera

10 months

This isn't to discourage anyone but to trigger you into escaping the noise and taking your time to really figure out what works. We say we need to build for Africa, but Africa is not the few major cities we have, but the many small villages locked out of the rest of the world.

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@matt_magera

10 months

I believe that as entrepreneurs, founders, builders, we need to really question what's actually achievable in this market and be more realistic with our dreams, the market potential of our products, and their long-term sustainability. I'm happy to get all your thoughts 🤝🏽

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@matt_magera

10 months

But wait, let's think BIG, Africa. We are still yet to see that really work... One day, I told my grandpa I wanted to expand my startup across Africa. He told me Kenya is enough, if I just make it work here. If your product isn't working at home, why would it work elsewhere?

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@matt_magera

9 months

Harsh Reality; Africa is Poor 😪 African entrepreneurs are building convenience apps/services for an economy that really can't afford convenience. Ride hailing, food delivery, travel & restaurant apps, etc. are, for the most part, just toys for the elite...

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@matt_magera

10 months

We've never had a unicorn in Kenya, and all the Kenyan startups we thought would be the next unicorn are failing miserably right, left, and centre... 😪

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@matt_magera

10 months

So would you really get your product in the hands of every single Kenyan like they have for a similar value? Their services don't require an internet connection or smartphone; they've managed to effectively democratise the most advanced technologies to the simplest of devices.

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@matt_magera

10 months

Safaricom + M-PESA are the most ubiquitous products in Kenya today. Their user count is equal to Kenya's entire population; everyone you know uses them, and their value is still pegged at less than $4 billion as of yesterday's market close.

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@matt_magera

10 months

Even Kenya's biggest banks serving millions of customers are valued at $1 billion or less. In 2019, JUMIA IPOed at $4 billion on the NYSE. That has since dropped to less than $400M even before the current global economic distress. Do VC's values really hold in public markets?

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@matt_magera

9 months

Hey, founders and aspiring entrepreneurs. Here is some solid Startup Dating Advice 101... Always remember, NO DEV out here can really be trusted; even your cousin, your brother, or your sister 🫵🏽 I promise you, startup si kama kujenga nyumba. Utachezwa mpaka usahau kulia 👍🏽

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@matt_magera

2 years

Last month, I was featured on the Black Entrepreneur Magazine for the work we've been doing at @JobzyInc . Much gratitude to the for the feature 😊 Enjoy the read here 🫡

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@matt_magera

2 years

#WajackoyahThe5th & Justina Wambui of the #RootsParty 7 point Manifesto: 1. Marijuana Farming. 2. Snake Farming. 3. Hang Corrupt Individuals by the Hemp Fibre. 4. Abolish the Constitution. 5. Abolish Working on Friday. 6. Abolish County Governments. 7. Clear Chinese Debt.

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@matt_magera

2 years

Scenes from a Founder Speed Dating event hosted by @baobabnetwork , @dshglobal and Proximity Ventures... Had a great time with fellow entrepreneurs building tech in Africa for Africa: @mativomutia building @nanasico_ @lwgakuya and @mwxndx building @Gemaofficialke

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@matt_magera

10 months

Would we let a chicken seller run Safaricom? For us to put Kenya and even Africa back on track and see our rise, the first course of action would be totally scrapping all elections... A thread on the destruction caused by democracy... 😪

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@matt_magera

2 years

Great event yesterday at @uonbi organised by @WyreDaLoveChild and his company @BloowGlobal with @KHALIGRAPH taking the night 😌 Others in attendance from the @Adanianlabs family; @AlvinMunyao from SeraPay, Ken Kariuki from @ThoriumOrganic and @mtmagera from @JobzyInc .

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@matt_magera

10 months

The tale goes... A group of great startups rose to "disrupt" Africa's cut-throat middlemen. In turn, the startups became large, unprofitable VC-backed middlemen. Funnily, the cut-throat middlemen always got their unit economics right. Who were the smarter business/middlemen?

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@matt_magera

4 years

@MigunaMiguna @RailaOdinga The BBI illusion has been borrowed straight out of Putin’s handbook. Putin was President from 1999 to 2008 Switched to Prime Minister 2008 to 2012 Then President 2012 to now And in 2020 Russia 🇷🇺 had a constitutional reform to give the president 2 more terms.

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@matt_magera

9 months

Great founders were world-class experts in their space... Mark Zuckerberg majored in Psychology at Harvard (not Computer Science). He went on to build, lead, and buy out the world's biggest social networks to date. Rather impressive people & business psychology at play 🤔

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@matt_magera

10 months

It further argues, that a person who spends his days drinking at a Chang'a Den is equally as capable of picking a president in the same capacity as a lawyer who's practised for 20 years or an engineer who built roads for 15 years. Each of them gets one vote, right?

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@matt_magera

9 months

Truth is, Kenya's FEMICIDE has been caused by the country's Tough Economic Situation. The women are looking for rich men for money to survive. And the men are robbing/killing the women for money & money rituals. They both just want to live well and have enough for themselves.

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@matt_magera

1 year

Sometimes, it is not about changing the world or revolutionising an industry, but just turning one or two things to your advantage.

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@matt_magera

10 months

@briankariuki Very true, the only limit is the market you go for, if it is big enough, and you effectively capture it, $1 billion more than possible. But the other problem is many startups scale before properly validating their product and finding footing back at home, only to go fail abroad.

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@matt_magera

4 years

The goal of every businessperson is to mitigate risk, So to all men out there, Mitigate Risk!!! AVOID WOMEN!!!

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@matt_magera

9 months

One of the greatest problems we have in today's world is having just enough information about a subject to think you are right, but still not enough, to know you are wrong.

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@matt_magera

4 years

Great people see opportunities where they don’t exist.

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@matt_magera

10 months

In the past, we have hated and attacked benevolent dictators; the Gaddafis, Magufulis, and destroyed countries, because of this so-called Western idea called "democracy" 😕 Is it really for us? Does it really work? I'm not a revolutionary, just food for thought 🤝🏽😅

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@matt_magera

4 years

Good ideas sound crazy until they’re not.

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@matt_magera

4 years

This is the Most Ridiculous Thing I’ve Seen 😂😂 I thought she already had her 15 minutes of fame, She can’t even say “Wanyama” Right 🤦🏽‍♂️🤦🏽‍♂️

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@matt_magera

2 years

I want to see a Wajackoyah Billboard 😍 #WajackoyahThe5th #RootsParty #JKLive

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@matt_magera

1 year

What you realise running a startup is most of your preconceived ideas, thoughts and analogies are often wrong, very wrong at times. Really good founders are focused on finding out the real answers rather than being right.

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@matt_magera

2 years

Activities at the Bomas of Kenya tomorrow at 9 p.m.

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@matt_magera

4 years

Apophenia is the tendency to mistakenly perceive connections and meaning between unrelated things, the whole concept behind conspiracy theories & folks like David Icke. Bill Gates, 5G, Lizard People are all just figments of someone’s imagination born out of mistaken connections.

Larry Madowo

@LarryMadowo

4 years

Bill Gates is disappointed and worried about all the coronavirus vaccine conspiracy theories about him. I know because I asked him. Our full conversation:

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@matt_magera

3 years

Do what is crazy until it’s not.

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@matt_magera

2 years

Prof. Wajakoyah, His Highness the 5th, "CORRUPT Individuals will be hanged by the Hemp (Marijuana) Rope!!" #JKLive

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@matt_magera

10 months

Democracy argues that any individual, by merit of simply being 18 & above, is strongly capable of picking the leader of a country, who'd influence every single aspect of their life now & for future generations. Half of 18 year olds are probably on Wajack's product 🍃 right now.

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@matt_magera

2 years

1000% Software development/engineering is saturated with entry level talent who tend to never grow their technical talent further... Majority jumping over to management before ever being as skilled.

Travis

@TravisGTech

2 years

@KevinNaughtonJr I disagree. It's far from dying, it's just an oversaturated career field for entry level candidates.

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@matt_magera

10 months

Elections and democracy are designed for demagogues & populists; the Hilters, Trumps, Mussolinis, and other people 😅 It's not about competency, intelligence, experience, integrity, but your ability to appeal to & manipulate the masses, i.e. sell yourself, your BS, and chicken.

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@matt_magera

2 years

Good Morning, Ruto is on the lead, but so was Trump; let us pray for the best outcome. IEBC has 95% of the Form 34As but is withholding some of them, I smell cooking...

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@matt_magera

4 years

I think it’s official now, Ringtone is MAD 😂😂 I also don’t think God answers such prayers, SMH 🤦🏽‍♂️🤦🏽‍♂️

Kenyan Charts

@KenyanCharts

4 years

Ringtone Apoko, Victor Wanyama and Khaligraph Jones Sends a Stern warning to the Ig model Shakilla and Xtian Dela...full video . #Covid19Millionaires #BoozeIsBack Kilundeezy Lolani kalu shakila video shakila ig live

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@matt_magera

4 years

Cancel Culture is stupid, it’s outright trolling & cyber bullying. It should be killed before it cements itself in future society.

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@matt_magera

4 years

Let me help the Guy 😂😂 The Simple Dictionary Definition of a Vaccine; A weakened, killed or fragmented form of a disease that is administered to prevent a disease. And you would think the Head of the Ministry of Health would know that 🤦🏽‍♂️🤦🏽‍♂️ We are DOOMED!!!

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@matt_magera

4 years

I don’t get what’s happening with Hollywood, the must have racial & diversity quotas are noble but crap. We can’t have Historical Movies where everybody knows there were no Black People or Asians, but they are there 🤦🏽‍♂️🤦🏽‍♂️

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@matt_magera

2 years

A few minutes later at State House after #WajackoyahThe5th is sworn in...

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@matt_magera

9 months

As a techie, the funniest thing about the current Kenyan Airbnb mess is that none of those places are actual Airbnbs booked on . @Airbnb has had solid security measures in place. But Kenyans, as usual, did things the kienyeji way and got kienyeji results.

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@matt_magera

2 years

Raila went wrong when he started poking at God... Ruto won through prayer 😌

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@matt_magera

10 months

I believe this system is unideal for our growth as a country & continent. We need actual builders, thinkers, visionaries who are all thoroughly examined & vetted to lead, not salesmen. Kenya and Africa are just big businesses/companies; why don't we treat & run them like one?

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@matt_magera

3 years

Kenya is by far the most tech savvy & digitally active country in Africa, only being beaten by countries with far a much bigger population; Nigeria: 206 million, 154 million online (75%) Egypt: 102 million, 54 million online (53%) Kenya: 54 million, 47 million online (87%)

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@matt_magera

4 years

U pay for the Service of Teaching, u don’t Pay for Grades, Ulifunzwa ukaanguka 😂😂 If it’s just Grades u want buy Mwakenya, Hio unaweza rudisha upewe pesa ukifail 😂😂

Prudence Tonui

@KING__KALALA

4 years

Tunaibiwa!!

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@matt_magera

9 months

We need to solve the underlying issues, implement first principles thinking, stop playing a gender blame game, and solve the existing underlying issues. We have created a tough, sick world, but maybe we can fix it if we work towards it...

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@matt_magera

4 years

Take pride in being copied, being copied is nothing but a clear indication that your idea or whatever is being copied is sooo good that the copycat couldn’t come up with anything better.

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@matt_magera

2 years

Gachagua Riggy G thought the registrar should read one line then he reads the next one... Wasaidiane wamalize 😅

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@matt_magera

4 years

The Internet is the Medium of the 21st Century, Phones and Computers are the Platforms of the 21st Century, having NO Data Rights is like being a Slave in the 21st Century.

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@matt_magera

9 months

It isn't a FEMICIDE. It isn't Hate/Discrimination Against Women. It is a representation of the difficult, ruthless, unsupporting society we and our leaders have created, coupled with social pressure, that has led to this madness & stupidity...

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@matt_magera

10 months

The employees will be picking between Wafula, the smiling charismatic guard, and the seasoned but ever-disgruntled HR exec. Wafula would go on to call on all hustlers to unite; the sales reps, all the M-PESA agents, and together, they'd end the dynasty of ruthless executives.

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@matt_magera

4 years

Hawa majamaa might have gotten some purified holy water injected into them 😂😂 How do u expect me to get a vaccine has some form of restriction on it in over 20 countries?!?!? We give them two weeks we see 😂😂

SIR DAVE 254

@sirdave254

4 years

@citizentvkenya Mimi ata Uhuru apewe public vaccination i wouldn't believe it. They could jab him some distilled water. 😂😂😂

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@matt_magera

9 months

Daraja API has been a comedy skit 😪

Enoch Kambale

@enkambale

9 months

Yaani Safaricom couldn't use a proper favicon 😅💔 This platform is messed up from the favicon to the actual docs 😭

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@matt_magera

9 months

If you have no clue, just get a clue, please 😭 Take your time, even on YouTube, to just learn and really dive into the field you want to get into. At least get some decent knowledge about the infrastructure behind what you plan to/are doing. It will go really far, I promise.

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@matt_magera

4 years

AI will never take over the world. Artificial Intelligence is simply computer software that is coded to analyse data, learn from it and come up with the best solution for the problem. It’s simply machine learning, nothing close to Sci-Fi movies.

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@matt_magera

2 years

Ideas just give direction. They bring the founding team together, set them on a trajectory, give them a common purpose. But the idea means very little, it is only 1% of the work.

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@matt_magera

2 years

“If you keep telling a lie over and over again, it becomes the truth,” Hitler.

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@matt_magera

4 years

This Sudi MP guy was well within his rights of freedom of speech. The notion that some individuals are untouchable and no ill comments should be levelled against them should be thrown right out the window. Just because you don’t like it doesn’t mean he should now be arrested.

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@matt_magera

4 years

It takes a little bit of crazy to change the world.

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@matt_magera

1 year

@enkambale @binance Nobody knows when/if the market will go up or down, regardless of what they call themselves expert/economist. There're a couple of events that influence price action like bad news, etc. but it's all down to demand and supply (selling & buying pressure), which is unpredictable.

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@matt_magera

4 years

Mambo ya kuitana Creepy Names like Babe, Baby, Darling, SweetHeart, I don’t go by such terms 😂😂 Matt will do just fine, I don’t need a Lousy Cliche Pet Name 🙅🏽‍♂️🙅🏽‍♂️

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@matt_magera

4 years

I hear some adults say, “I don’t understand the Internet, Phones are too complicated, Children know more than us...” They decided ignore the Internet, treat it like sth foreign but kids embraced it. If they just decided to try using it, they’d probably be better than children.

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@matt_magera

1 year

A Foetal Accident 👍🏽😅

SIKAOFFICIAL🦍

@SIKAOFFICIAL1

1 year

DR Congo’s Minister of Education, Tony Mwaba Kazadi has impregnated his Deputy Minister, Aminata Namasia in the Democratic Republic of Congo (DRC), claiming It was an accident at work

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@matt_magera

2 years

How a 19 year old in Kenya is creating the Jumia for Africa's...

We discussed the entire ordeal from idea conception in Highschool to actualizing it and raising capital form investors at 18 years. Get started in Crypto: - ...

www.youtube.com

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@matt_magera

2 years

Being your own boss is a façade. There will always be someone you will answerable to; your employer, customers, users, partners, shareholders, investors, donors, electors, Uncle Sam...

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@matt_magera

10 months

@dsdll_ I've been building startups for the past for 4 years, and this space is not kind to wild imaginations, or at least yet. You can still dream big, pursue big plans, and at the same time be comfortably within the realms of reality, and eventually, still win BIG.

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@matt_magera

9 months

Would you start a rocket company with no clue about aeronautics/physics? Would you start a bioengineering company with no clue about biology? Then why would you think you could build a "GREAT" tech company with 0 technical skills & no technical cofounder? Mtafika wapi sasa? 😅

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@matt_magera

10 months

@jumbo_melvin They're just not innovating or taking any risks. They probably feel comfortable.

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@matt_magera

10 months

Why can't we start treating our country and future in the same way? In China, their leaders sat exams to get into government... I would strongly argue that some of our leaders really need to be intellectually assessed/examined and results published publicly as soon as possible.

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@matt_magera

4 years

Dealing with girls is like investing in the stock market, it's high risk speculation and girls are completely unpredictable. To be safe, u need to diversify your portfolio 😌😌

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@matt_magera

10 months

@aestheticsofatl I used Kenya's biggest companies; a telco that happens to run arguably one of the biggest fintech platforms, our top banks, and an African startup once valued at $4 billion. And all that was to show our market's potential in comparison to some of the dreams we chase...

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@matt_magera

2 years

There is no good idea or bad idea. Every single new idea or concept is crazy until it's not. The validity of an idea is only determined after it is implemented. Implementation is an idea's measure of success or failure.

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@matt_magera

4 years

The Kenyan Government led by the Ministry of Education has been a complete shit-show during this pandemic.

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@matt_magera

4 years

Will History Repeat Itself??? David killed GOLIATH David Maraga killed Parliament and the Corruption Therein

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@matt_magera

2 years

Jobzy interviewed by David Ochola for the TECH 47 Show on TV47 Kenya (23:28) @JobzyInc , @Adanianlabs , @tv47ke

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@matt_magera

10 months

@Ohh_boychild @thisisnotowidi @BillOkello_ Very true, the only other problem is many startups scale before properly validating their product and finding footing back at home, only to go fail abroad. The only limit is your market's size; if it is big enough and you effectively capture it, $1 billion more than possible.

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@matt_magera

4 years

I can tell from the first second of this video this guy is on another level of high 😂😂 Weed is already VERY LEGAL in Kenya, it’s just that the Government hasn’t realised it 😂😂

TheStarKenya

@TheStarKenya

4 years

Narok Senator Ledama Olekina has called for the law to be amended to legalize cannabis use for medical purposes.

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@matt_magera

9 months

@SpencerAdika is an online business directory/yellow pages for small African businesses. It also provides some business management tools for them (specifically, inventory management tools). @HayaBusinesses is 100% free. We really didn't expect small businesses to pay.

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@matt_magera

2 years

2 weeks ago, I had a chat with @retireby29 (Kimani Capital) at @Adanianlabs on what the team at @JobzyInc has been working on and our journey since we started out in 2020. Very grateful for the time and getting to look back at how it all started...

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@matt_magera

9 months

You will save much more of your time by personally learning/acquiring the necessary skills you need to build your own tech rather than taking money out of your pocket to pay Kenya's cheeky devs to ship your product or filtering out the BS to get decent, trustworthy talent.

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@matt_magera

4 years

@MigunaMiguna @RailaOdinga We need to see right through this delusional scam of a constitutional reform. Any important changes needed that would actually benefit the country can be quickly integrated to the current constitution without wasting money time and money.

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@matt_magera

9 months

Kenyan Rich Kids are busy screaming Free Palaestine & Congo & Sudan on Instagram & TikTok. Someone should update them about bei ya unga, na mafuta, and other local problems... Their lives seem too comfortable that they're chasing global issues on which they have 0 influence 😪

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@matt_magera

2 years

The guy has been a perpetual loser 😢 I actually somehow felt Raila should have gotten it this time to satisfy his dream... Idk why Raila supporters are protesting, they know this feeling very well, all the way from 1997 😂😂

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@matt_magera

9 months

@ustadhie @Amerix has only advocated for the opposite. This is one is just spewing hate...

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@matt_magera

10 months

@joel_macharia1 @BRIGHTZEED Hapo sawa, nimekubali 👍🏽😅 Let's keep building and charging forward 💪🏽

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@matt_magera

10 months

When selecting the leaders of large corporations, we look for proven past experience, strong track records in previous leadership positions, and high levels of integrity. But to be Kenya's president today, you just need to be 18 (not 35), have a degree, and some money 🤷🏽‍♂️

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@matt_magera

2 years

@YoungFounderss As we wrap up, join the Young Founders' Space Community here to connect with more founders:

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@matt_magera

1 year

90% of "devs/software developers" 😅

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MT 🇰🇪

@matt_magera

10 months

And once selected, they would then be given KPIs/performance trackers and if they completely fail to meet them, they would be called in for a review/appraisal, fired and a better candidate brought in no time. No fake manifestos or 5-year wait times to get rid of bad leadership.

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MT 🇰🇪

@matt_magera

10 months

Would we let a chicken seller run Safaricom? If that CEO position became vacant today, would we have the janitor, guard, driver, all with degrees, plus some execs, have themselves all listed for the position, and then have all employees vote?

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MT 🇰🇪

@matt_magera

2 years

Running an African startup is much harder than finding love in Nairobi 🤔😅

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MT 🇰🇪

@matt_magera

2 years

Raila lost fair and square this time round. He won in 2007, and he became Prime Minister; that was his time...

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MT 🇰🇪

@matt_magera

9 months

Sometimes, I'm honestly disgusted by someone who'd say something within the lines of... I want to build a tech startup, but I'm not interested, or I don't want to get involved with the tech side of things so much 🤦🏽‍♂️ Unafanya nini in tech? 🤷🏽‍♂️😅 You have to get your hands dirty.

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MT 🇰🇪

@matt_magera

10 months

Truth be told, since independence, the countries that have performed best in terms of growth and development have equally ranked low on democracy indicators. And why would that be so? Singapore, China, now Rwanda, and remember Gaddafi's Libya and today's Libya...

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@matt_magera

8 months

In a war, nobody is really right or wrong. But this is why I believe it is stupid for a Kenyan to send donations to Gaza and waste their time on the conflict 🧵 1. Hamas' leaders are multi-billionaires (combined $11B+ net worth) living luxuriously in Qatar as their people die.

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MT 🇰🇪

@matt_magera

9 months

@sidneyrema @Kiptanui_boazo Safaricom + M-PESA still use technology from China for almost everything. They have been too lazy/scared to build their own infrastructure from scratch 😪

Chinese technology underpins next-generation Kenyan mobile wallet

For more:https://news.cgtn.com/news/2022-07-07/Chinese-technology-underpins-next-generation-Kenyan-mobile-wallet-1btl5hLXznG/index.htmlA Kenyan mobile opera...

www.youtube.com

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