Venture Capital Funding For Dotcom Startups In Nigeria?

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I'm a very down to earth & frank person,the examples you have given are not my ideas of dotcom startups,If you want to be sure why not take statistics of hits to your websitses on www.alexa.com

Not every website is a DOT COM venture so this talk about bulding sites in 2 months or 3 day isn't relevant.

Ungoing Projects are not just disclosed on forums,soon we go live once we have sorted out both business logic and development .

@tundewoods,

Well, thanks for pointing out the issue of hits on a website, that is one area that successful websites don't waste their time on because you can have 1 millions hits to your website every day without anyone buying from you whereas I can have just 20 in any given day with 3 or 4 buying from me.

What's the difference? You don't make money but I do.

I get nothing less than 4 - 8 calls a day from people to provide services to them, they all get to know about the websites online and on the average about half of them become clients.

I will give you a typical example today, someone called and said she wanted an inverter for the house and after doing all the necessary calculations I told her the cost which she agreed to. Then I told her that she needs to change all her bulbs to energy saving type and she told me that she had already done so after reading up the advice on the website some time ago, that she is only interested now in paying and having the system installed this week.

That is what useful websites do, they help solve problems.

My comments are in good faith and that you have chosen to see it as a challenge to your own skills is rather unfortunate but be informed that I never compare myself to others as we are all unique in our own different ways.

Good luck with your venture but don't rely too much on hits as they are mere stats.

Focus on developing applications that make sense to the customer. Your site must be task focused.

NB: If it takes me less than 1 week to develop a web application from scratch I don't think I should feel bad about that anyway, its all about steady improvement while being bold enough to accept the things I know and the things I don't know. Humility is key.

@afam
I sure feel you and honestly this isn't about disputes Ok,i respect your views and opinions.

I guess we are all developers in here and back to your advice on focusing on applications that make sense to the customer,i am aware of that and if you noticed from previous post i've been emphasing that.

I'm also of the view that our web appliations must be focused and result oriented

Sure humility is key,

Blessed are the meek for they shall in herit the earth.

_{cheers, im enjoying every bit of this}

is it me or has everyone missed the point that without high internet penetration in an environment it is virtually impossible to become a successful dot com business in that particular market.

Back to the main question, I have heard of several venture capital companies/funds but the VC business is in the early stages here. What we typically have here is more of business angels (private individuals with lots of dosh) who I feel are better for our market because after investing in you and your business they actively seek to open doors for you by putting you in touch with their business networks and as we all know its all about who you know knowing who they know! [quick advice, if you are going to get an angel, make sure its someone who is busy and wont be interfering constantly]