My good friend Seg has had an “interesting” time navigating the challenges of being a young entrepreneur in Kenya. It makes me very proud to see that he’s managed to avoid getting beat down (no easy task) and continues to stay innovative. Please check out the Mama Mike’s ad on YouTube and give them your support.
An aside: Had an interesting conversation this weekend about the sky-rocketing property prices in Nairobi and the booming stock market. Clearly, there’s a shortage of investment options in Kenya, but we couldn’t for the life of us figure out how to channel the excess capital to start-ups for instance (I’m thinking of the beyond micro-finance but smaller than big private equity investments) – beyond the risk factor, any ideas on other obstacles and how to work around these obstacles?