With Konga’s 25 Million Dollar Raise, Here is the Bigger Story http://oonwoye.com/2014/01/03/konga-25-million-dollars/ …
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@OoTheNigerian insider-led rounds are usually (but not always) a negative signal. Why was a new lead not avail? Or new investors at all?
@EghosaO oh. I get. Perhaps control? which keys into my speculation of getting Konga and Jumia to be one.
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@OoTheNigerian@EghosaO Or Do you mean this wasn't attractive to potential new investors? -
@mindng@OoTheNigerian cld be a few reasons for that: wasn't shopped (which I know isn't true), not enough traction, too richly priced, etc - 1 more reply
New conversation -
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@OoTheNigerian prospect was always real. Duplicative shareholders, identical space. M&A alwys looks easy from the outside in. Shld be fun :)Thanks. Twitter will use this to make your timeline better. UndoUndo
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