Zacheaus Somorin in Toronto with agency report
Apple has bought Chinedu Echeruo’s HopStop.com,
The Wall Street Journal’s publication, AllThingsDigital
reports. Founded in 2005, HopStop.com makes mobile
applications for both iOS and Android that covers over
300 cities and that helps people get directions or find
nearby subway stations and bus stops. Terms of the
deal have not been disclosed as at the time of this
report.
Chinedu Echeruo, formerly an analyst at investment
banks and hedge funds, founded HopStop in 2005.
Echeruo is now Chairman of the Board for HopStop.
HopStop has been compared to Israel’s Waze which
was recently acquired by Google for $1 billion. The
move is seen as Apple’s plan to bolster its map
offering especially given Google’s recent acquisition of
Waze.
A serial entrepreneur, Chinedu Echeruo grew up in
Eastern Nigeria and attended Kings College, Lagos. He attended Syracuse University and the Harvard
Business School in the United States and founded
HopStop.com after working for several years in the
Mergers & Acquisitions and Leveraged Finance groups
of J.P Morgan Chase where he was involved in a
broad range of M&A, Financing and Private Equity
transactions.
He also worked at AM Investment Partners, a $500
million volatility-driven convertible bond arbitrage
hedge fund. He founded and raised nearly $8 million
for his two U.S based internet companies:
Hopstop.com andTripology.com. Tripology.com was
acquired in 2010 by American travel and navigation
information company, Rand McNally.
True to form, Echeruo is working on yet another
venture but this time, focused on small businesses in
Africa. According to him, “there is no reason why
every entrepreneur should have to reinvent the wheel
every single time in all the countries in Africa. My idea
is to essentially have one place where a budding
entrepreneur can access a template for starting a
business, and then customize it to suit their own
situation; essentially, a business-in-a-box.”








.
http://www.thisdaylive.com/articles/apple-buys-chinedu-echeruo-s-hopstop-com-for-1-billion/209670/

Lekwa ego !!!

Food for thought:your hand work will never deceive you don't wait for any goverment to effect change in your life but rather let the change from the govt be a complement to your effort

Lekwanu Okpo.

lekwa ego

Keep on making us proud. Your name has already been etched in gold in the sand of time. Proudly Nigerian.

Ipuuuuu ego

Meaning

Vaginal of money

1 billion dollars, thats alota cash money

eagleeye2:
Zacheaus Somorin in Toronto with agency report
Apple has bought Chinedu Echeruo’s HopStop.com,
.
http://www.thisdaylive.com/articles/apple-buys-chinedu-echeruo-s-hopstop-com-for-1-billion/209670/

These white people are die hard hypocrites and racist. So instead of saying a Nigerian....
They try as much as possible to avoid classifying him as a Nigerian. So Chinedu Echeruo "An American" grew up in Eastern Nigeria?

If na bad thing now, u go dey hear "a Nigerian..."

He's Igbo. I can't find any Yoruba here bashing Him.

Please why are the MODs ignoring this story?
is it not inspiring enough?
Is it because it's not about trekking from Aba to Kafanchan?
Is it because it's not about one 'yeyebrity' showing us her falling bweast?
A Nigerian and more especially a YOUTH has just joined the Billionaires Club, through his ideas and dint of hardwork and his imaginations. Yet we don't see it news worthy?