Midweek Check-In: Innovation + Impact = Unicorn Potential
....are you building for billion-dollar success??? 🤔🤔
Marhaba, Dear Innovator 👋
It's been raining unicorns in the African tech ecosystem lately, have you heard? 😁😁
Btw….
Andddd if you’re new here, don’t forget to….
It’s the 30th of October today, Dear Innovator, how are ya?
Are you breathing fine?
In the last 10 years, a couple of African tech companies have risen to unicorn status and they include:
Flutterwave ($3 billion)
Opay ($2.7 billion)
Chipper Cash ($2.2 billion)
Wave ($1.7 billion)
Andela ($1.5 billion)
Esusu ($1 billion)
InterSwitch ($1 billion)
MNT-Halan ($1 billion)
And now, Moniepoint has joined the league of ‘big boys’ with a valuation of $1 billion after securing $110 million in equity funding 😍😍
It’s dope, right?!
Joining this elite gang is the secret dream of every tech founder (we know, don't lie 😏) butttt spoiler alert, it’s going to take more than a catchy logo and a dream.
If you’re ready to join the ranks of unicorns (it’s a company that has reached a valuation of $1 billion), it’s time to think bigger—much bigger—than you’ve ever dared to do before.
Luckyyyy for you, we’ve also done a breakdown of the ‘how’. ✨Check it out!✨
Identify and tackle big problems 🧩
Every billion-dollar success story begins with a founder's vision to tackle big challenges and transform them into opportunities. Soooo, start by pinpointing an issue that impacts a large number of people, provide a solution that genuinely changes people’s lives, and you’re off to a good start.
Design for scalability
To reach unicorn status, your solution needs to be built for expansion. Simple and short. This means designing a flexible business model that can easily scale beyond local markets or adapt to new regions. Dear Innovator, that tech solution that you have now, is it scalable? 🤔
Drive real impact 🌍
The most successful companies don’t just make money—they improve their users' lives and push industries forward. How will your company’s growth create meaningful change? These are the things to think about.
Billion-dollar valuations emerge not from high numbers alone but from the ability to make a widespread difference
Ask yourself: Is my solution important, almost like a daily need? Can it grow quickly without sacrificing quality? Does it make a real difference? Are the problems that I’m solving with it so significant that they echo across communities?
If you get it right, you should be on your way to ‘unicorn-town’ in no time! 🤭🤭
.
.
ICYMI:
Insert a wise quote about network and net worth…
The 2025 tech train has left the station. Don’t be left behind!
.
.
Tech Memes:
Innovation > > > hard labour 😏
Sometimes, less is more!
Oh no 😂😂😂
.
.
On Saturday, we’ll continue the 2025 Tech trend series. You gotta love it😍😍
Buh-byeeeee!!