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Invest To Own An Equity In A Promising Tech (SaaS) Startup - Investment (2) - Nairaland

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Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 10:20am On Jul 27, 2018
SokoDobo:
Good morning
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 6:55pm On Jul 27, 2018
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 12:38pm On Jul 28, 2018
SokoDobo:
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.
Can also reach out on whatsapp 09081412698

Regards.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 7:34am On Jul 29, 2018
Good morning
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by Nobody: 10:34am On Jul 29, 2018
Why not pitch to any of the numerous accelerators around, especially in Lagos.

Am sure they'll be interested with the statistics you mentioned.

1 Like

Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 1:45pm On Jul 29, 2018
WSJ77:
Why not pitch to any of the numerous accelerators around, especially in Lagos.

Am sure they'll be interested with the statistics you mentioned.

Thanks for your suggestion. We've actually pitched to many. Most of them went to ghost mode. Only 3 got back to us. Two wants us to relocate to Lagos before any discussion, while one wants 20% nondilutable shares.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by Nobody: 3:59pm On Jul 29, 2018
SokoDobo:


Thanks for your suggestion. We've actually pitched to many. Most of them went to ghost mode. Only 3 got back to us. Two wants us to relocate to Lagos before any discussion

And you're against moving to Lagos?

If you don't mind what major city are you close to?

I know there are accelerators in Abuja and Kaduna, there might also be some in other parts of the country.

I honestly think that's your best chance of getting some serious funding, most people viewing your posts here wouldn't take it seriously and some others would have trust issues, afterall this is Nigeria.

while one wants 20% nondilutable shares.


In exchange for what, if they are willing to put in some serious funds then 20% might not be too bad but why do they want non-dilutable shares?.

1 Like

Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 4:21pm On Jul 29, 2018
WSJ77:


And you're against moving to Lagos?

If you don't mind what major city are you close to?

I know there are accelerators in Abuja and Kaduna, there might also be some in other parts of the country.

I honestly think that's your best chance of getting some serious funding, most people viewing your posts here wouldn't take it seriously and some others would have trust issues, afterall this is Nigeria.
Kaduna. We are exploring funding opportunities around here too. With or without the funds, we will launch withing August God'swilling, despite all challenges/difficulties.

In exchange for what, if they are willing to put in some serious funds then 20% might not be too bad but why do they want non-dilutable shares?.
in exchange for N6m + some sort of support. The 20% they requested isn't the issue. "non-dilutable shares" is. I dont know why they want that, but it is just a no no for us. Even we the founders do not have non-dilutables.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by Nobody: 4:47pm On Jul 29, 2018
SokoDobo:

Kaduna. We are exploring funding opportunities around here too. With or without the funds, we will launch withing August God'swilling, despite all challenges/difficulties.

Was gonna mention Colab but I don't think they are into funding, seems it's just a co-working space and stuff like that. I think there's one in Abuja you can explore, Civic innovation lab, that's relatively closer compared to Lagos.

Good to know that you guys will be launching regardless in August, looking forward to hearing about your success, you can (or probably should) always start small and scale up as the demand increases.

All the best.


in exchange for N6m + some sort of support. The 20% they requested isn't the issue. "non-dilutable shares" is. I dont know why they want that, but it is just a no no for us. Even we the founders do not have non-dilutables.

Yeah just read about non-dilutable shares, seems like most VCs usually like to such shares, it's not fair.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 4:54pm On Jul 29, 2018
WSJ77:


Was gonna mention Colab but I don't think they are into funding, seems it's just a co-working space and stuff like that. I think there's one in Abuja you can explore, Civic innovation lab, that's relatively closer compared to Lagos.

Good to know that you guys will be launching regardless in August, looking forward to hearing about your success, you can (or probably should) always start small and scale up as the demand increases.

All the best.



Yeah just read about non-dilutable shares, seems like most VCs usually like to such shares, it's not fair.

Thanks a lot
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 9:21am On Jul 30, 2018
Good morning
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 8:06pm On Jul 30, 2018
Good pm
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 9:52pm On Jul 31, 2018
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 9:08am On Aug 02, 2018
Good morning
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 8:17am On Aug 04, 2018
SokoDobo:
Good morning
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 10:18pm On Aug 04, 2018
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 7:51am On Aug 05, 2018
Good morning
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 7:02pm On Aug 07, 2018
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 7:07am On Aug 09, 2018
SokoDobo:
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.
Can also reach out on whatsapp 09081412698

Regards.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 5:24pm On Aug 09, 2018
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 5:54am On Aug 10, 2018
SokoDobo:
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.
Can also reach out on whatsapp 09081412698

Regards.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 6:22am On Aug 11, 2018
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 6:24am On Aug 11, 2018
SokoDobo:
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 9:35pm On Aug 11, 2018
SokoDobo:
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.
Can also reach out on whatsapp 09081412698

Regards.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by Delivar(m): 3:08pm On Aug 13, 2018
SokoDobo:
Still open
What does the startup intend to achieve?
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 11:56am On Aug 15, 2018
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 6:57am On Aug 18, 2018
SokoDobo:
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.
Can also reach out on whatsapp 09081412698

Regards.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 3:15pm On Aug 19, 2018
SokoDobo:
Still open
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 7:48am On Aug 21, 2018
SokoDobo:
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.
Can also reach out on whatsapp 09081412698

Regards.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 8:39am On Aug 25, 2018
SokoDobo:
Good morning
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 2:29pm On Aug 26, 2018
SokoDobo:
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.
Can also reach out on whatsapp 09081412698

Regards.
Re: Invest To Own An Equity In A Promising Tech (SaaS) Startup by SokoDobo: 9:58pm On Sep 02, 2018
Still open

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