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FamilyRe: When A Man Is Richer Vs When A Woman Is Richer by cooldood(m): 9:02pm On Jun 15, 2017
Sterope:
Can't you read? It has already been defended and trashed to pieces..
Na your scissors dem use trash am, or are you a defendant...yeye
FamilyRe: When A Man Is Richer Vs When A Woman Is Richer by cooldood(m): 8:51pm On Jun 15, 2017
PaperLace:
How do men handle being richer? tyranny?
Was it not on this same NL a thread was created asking people if they'll like to marry men like their fathers, and most people said no?
Citing how their father bossed everyone around because he is the sole provider? When a man is richer, he immediately crowns himself god, everyone falls into place. Isn't it this providing you men keep using to disturb someone's ear, why can't the woman feel important when she assumes same role?

When a woman is richer, you expect her to belittle her achievements to please the man, she'll buy a car and has to tell people it's the husband that bought it _ that's the only way to look humble.

As far as I am concerned, the problem of most Nigerian men is ego. Aside their manhood and money, they feel useless. They have been brought up to feel they must provide and earn more. The moment they are not living up to that, insecurity sets in. Even the wife's footstep will be likened to pride.

I don't blame women that go for richer men at all!!!!
Work on your fecking insecurities and stop looking for a woman to control with money.
What tyranny, why dont you call the Lion's dominance in the animal space-tyranny, woman, its simply instinct and its nature that made it so. The man's natural instinct is to play a leader or a guardian role, if you as a lady makes him feel like a king, you will get a queen treatment back, but make him feel otherwise, they you go get igbati, igbamu...as simple as that.. dont call it ego or that nonsense you call it- tyranny. It is also because gals are like kids thats why you misbehave when you have little material things, cos its not in your nature, so you are not able to handle it. Give a kid (male or female) millions and see how s/he will mostly start misbehaving.

You also say 9ja men feel useless apart from their manhood and money, ok, so if I may ask, why wont they feel that way if those things aint there? How do you gals feel if you dont have wombs, or if you cant bear kids?
FamilyRe: When A Man Is Richer Vs When A Woman Is Richer by cooldood(m): 8:42pm On Jun 15, 2017
NairaSand:
This thread is the reason Nigeria is still very backward.

That you have to take out a minute to pray that your wife shouldn't be richer than you shocked shocked shocked. Even the mere thought is very annoying.

I see men that see their women as a property. She must be submissive, She must Obey each and every of your military command. Well you're dead wrong.

NEWSFLASH: We are in 2017 people. Grow some balls and get into a relationship not a military yard.

Your wife should be your partner, not a subordinate or a competitor. That you're thinking like that means something is wrong.

Rich people don't think like that anyway, only the poor display these ridiculous insecurity.
Oga na lie! Its the attitude of most 9ja women that made the men the way they are, its in their blood. I have worked with different billionaires in 9ja, and dem no de tolerate nonsense from their wives at all. In fact, na dem worse pass wen it comes to iron hand abi wetin u call am...
FamilyRe: When A Man Is Richer Vs When A Woman Is Richer by cooldood(m): 8:40pm On Jun 15, 2017
eph12:
99% of women cannot handle greater success than their husbands. It would cause chaos in that home.

Most Mothers are always quick to​ remind their children how useless their father is when he has problem providing for​ the home or when she's more successful
Even when the father is the one providing for the kids, the mothers will still find ways to lie that they are the ones that did this or that...manipulators...yeye...
FamilyRe: When A Man Is Richer Vs When A Woman Is Richer by cooldood(m): 8:36pm On Jun 15, 2017
wordbank:
To chop woman money worse pass to chop small pikin money, u go pay till u enter grave
Women and stinginess na twins!
FamilyRe: When A Man Is Richer Vs When A Woman Is Richer by cooldood(m): 8:35pm On Jun 15, 2017
fineboynl:
When a man is richer (by statics 80% of men) he don't make a big deal out it to take take of the family/relationship. However he sees it as his responsibility. He only gets reacted if the woman/wife is not respecting him or the woman/wife was forced on him.

But when a woman is richer (by statics 80 women) its hell for everybody in the family. Most especially the man. The woman sees it like she is doing him a favor. So with this she gets rude at any slight provocation. It always leads to disunity to every one in the house.
This is another perfect example of why women and men can NEVER EVER be equal! The reasoning, the actions, simply differ. Where are the gender equality proponents? Where dem de! Come and deny what the op posted and let thunder fire you!
CrimeRe: Kidnapper Evans' Girlfriend Led To His Arrest by cooldood(m): 8:12pm On Jun 15, 2017
Aburi001:
If you wanna get betrayed or die quickly, entrust your life into the hands of a woman.

Even the great ones in the Bible were betrayed by women. From Solomon, Samson to David the list endless.

Even Abacha was poisoned by a woman through an Apple.

Since God created a woman, neither God nor men had rested. grin

As for Evans, he reaped what he sowed.
Gbam! I can imagine what God will be thinking in his mind about creating woman.
CrimeRe: Kidnapper Evans' Girlfriend Led To His Arrest by cooldood(m): 8:10pm On Jun 15, 2017
haske7:
Adam first man, Sampson strongest man and solomon sharpest man all destroyed by women!!! Women are powerful..o
Negative power... lol...power ko, bowel ni...
CrimeRe: Kidnapper Evans' Girlfriend Led To His Arrest by cooldood(m): 8:09pm On Jun 15, 2017
poshestmina:
I haven't seen that man a woman cannot bring down. God has not created him .

They should have kept Amaka's involvement hidden na ,this NPF self! they have put the lady in a big danger.
Because that's the assignment your creator made you for, to be a 'woe' unto man. If you can bring down Adam, who cant you bring down. No wonder Jesus didn't have a girlfriend talkless of wife...lol
RomanceRe: Man and Woman are different.. Nothing like Gender Equality by cooldood(m): 9:40pm On Jun 12, 2017
Daeylar:
Thank you for this. This is what gender equality ACTUALLY IS and what it fights for.
Unfortunately, this so called definition is not spelt out easily from the phrase;' gender equality', because most gals have now come to misinterpret it and are taking on their men, I don't blame them, cos they wont wait for any explanation of the meaning. Why not simply call it: "Equal Opportunities, rather than the equality shit.
RomanceRe: Does Size Really Matter? by cooldood(m): 10:07pm On Jun 11, 2017
cruchenuti:
When flaccid. Which one is shower or glower again?

Mhen I thought I knew something. Biko plizz I need enlightment o
Joystick that looks tiny when flaccid and suddenly grows like Africa Magic is a grower, a shower on the other side looks big already even while flaccid and doesn't grow much.

An example is mine is a grower,cos its less than 2inches when flaccid but 8.5inches after the magic.hope you understand now.
RomanceRe: Does Size Really Matter? by cooldood(m): 9:42pm On Jun 11, 2017
Daniel2289:
Average size for an erect penis is 14.2 cm (5.6 inches)

Average circumference of an erect penis is 12.2 cm (4.8 inches)

So, if ur penis is 4 centimeters (1.6 inches) when not erect. and 7.5 centimeters (3 inches) when erect.
Here is when size will matter. Cos it will b too small.
Where did you get your statistics? And where will you now place one that is 8.5inches long?
RomanceRe: Does Size Really Matter? by cooldood(m):
Naqade:
I am sure there are people who get irritated when people use "your" instead of "you're."

You are such a big joke. It's one thing to be ignorant and stupid and it's another thing to be confident about being ignorant and stupid.
When gals like Safiaa express herself, there's no point calling her names or attacking her back, she's a real babe and a straight one at that. I think gals like that should be listened to more because she doesn't deceive herself. I can bet her opinion on this topic represents that of most gals, but most gals will not come out here to express themselves - those are the real hypocrites, not a real honest babe.

And by the way you can't tell her what she should like becos you ain't in her body. Please we need more gals to come out of their shells and express on topics like this.
RomanceRe: Does Size Really Matter? by cooldood(m): 9:32pm On Jun 11, 2017
24sqm:
I guess you're only speaking for yourself here. Size doesn't matter if a man understands his woman properly in bed.

Sorry for quoting you again grin
Be deceiving yourself there, a straight forward babe has told you what some babes won't be bold to say and you're there arguing with her, how many gals have come here to say size doesn't matter?
SportsRe: The 6 Nigerians Who Helped England Win The U20 World Cup(pics And Bio) by cooldood(m): 9:03pm On Jun 11, 2017
My only thought on this is simple: Every Nigerian working and toiling hard within the four corners of Nigeria has got great abilities and potentials to excel and succeed in life, unfortunately the elderly ones have created bad environment and culture for the younger ones, so life has become a struggle for majority. My major worry is that even the youths have caught the negative cultures and habits of their leaders/ bad elders who have failed the youths, instead of the youths to value themselves and form a formidable voice, they'd rather be abusing themselves along ethnic lines and towing the wrong path their bad leaders/elders left.

My advice though is this: If you have the opportunity to give your kids a greater chance to succeed and achieve their dreams, find your way out of the chaotic geographical entity referred to as Nigeria. Majority of these young boys wouldn't have been given a chance by the NFF due to nepotism nor given the right training environment.

God bless nations that create enabling environment for talents to be developed!
PoliticsRe: Melaye Caught On Tape Revealing How He Framed Suspects In His Assassination - SR by cooldood(m): 9:39pm On Jun 06, 2017
Dc4life:
How do Sahara reporters get this call logs. Seems this man has stepped on some big toes he's not even aware of and they are relentless until he loses his credibility as a lawmaker and what he stands for. Listen carefully to the audio and you can see the Nigerian people are no where close to what these so called leaders think about. It's all about power tussle, billionaire friends, traveling abroad, political retribution and remaining in power. Sad cry

lalasticlala this is fp worthy abeg.
It's a perfect reflection of how majority of Nigerians reason and think also. Within families, schools, universities, corporate offices, name it, it is always more about control, power, who is in charge, how to 'show' people, how to make people 'afraid' and so on. Lecturers show it to their students, parents intimidate their children, most managers are aggressive to their junior colleagues at workplaces, neighbours are only looking for ways to 'show' who has more, or oppress some people, and so on and so forth. Reason why dreams cannot thrive in such environment.

It is a cultural thing... it didn't start today, it won't end today...

This is why Africa and Nigeria is so backward till today...21st century.
SportsRe: Cristiano Ronaldo Changes Hairstyle After Champions League Victory by cooldood(m): 9:41pm On Jun 04, 2017
timilehin007:
UNARGUABLY the best player that ever kicked football dead or alive...the greatest footballer ever liveth. I doubt if there will ever be another player who will ever attain this height again..
Which height? Is it the one that alien midget has achieved two years ago age 27.lol.give it to Ronaldo though,for his hard work but that merciless boy is his benchmark anytime any day.
RomanceRe: Girls, How Easy Is It To Totally Love A Broke Guy? by cooldood(m): 1:21pm On Jun 03, 2017
MrsPhysics:
Actually it does. It shows how committed I'm towards your complete well being. Your mental baptism and psychological sanctification.
Oh thank God you have added a new year to your life. I pray the new age brings you wisdom.

To the topic, well, you only claim to have learned a lot, not that people told you that you know a lot. To me, you are just growing and trying to force yourself to the society. You have not yet understood the purpose of existence, and until you understand that, you will not know the aim and objective of a relationship.

Money can't be equated to affection, the feeling of being loved, the power to love should not rest on our financial status and ability. Most people that are well to do takes money as nothing. Those that value money are those that does not have it.
Tell that to those at the first level of Maslow's hierarchy of needs and you'd be on your own. Purpose is easier to focus on when people are not on that crazy level. Whose fault they are on that level? I can't say but what I can tell you is such people know what they want and you can't force purpose on them.
RomanceRe: Girls, How Easy Is It To Totally Love A Broke Guy? by cooldood(m): 10:19am On Jun 03, 2017
I have said this before and I'd say it again. Guys face your hustle so the gal of your 'size' will follow you, stop coming on nairaland to argue with gals. For the umpteenth time,gals ain't wired to hustle like guys and so they naturally drift easily towards guys that can meet their needs, now needs are relative. Don't fight it, just double your hustle and cut your suit according to your size. There are beautiful gals across all levels,find your size if one rejects you. These gals are actually giving you clues on how to get them but here you are calling them all sorts of names. How will you feel if you tell people the type of sexy,beautiful gal you want and gals start calling you names too? The gals have spoken,if you like keep fighting it.
CultureRe: Emir Sanusi: "If You Don't Have Money, Don't Give Birth To Many Children" by cooldood(m): 9:33am On Jun 02, 2017
sinaj:
Serzly I dunno why poor people give birth to more children than the rich.
Its simple. This group of people don't have money to go watch movie at the cinema,no money for beach,no money to go out to nice restaurants and take a Pizza bite and no money for vacation.

The only place they do their 'Extracurricular' activities is in their ozaroom,which is free for them.
BusinessRe: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by cooldood(m): 1:19pm On May 28, 2017
anyaekekehinde:
Thank you very much sir.
Some of these foolish people don't know what anti trust means.

How can you have a country of over 150m and claim only dangote is credible
He is the only one that sees opportunity where nobody sees
He is the only that can invest in Nigeria.
A whole lot of dirty dirty words from unintelligent people
They will add to the garbage by claiming he is creating job, what they Bleep, as if if the company is given (not even sold) given to another person that person won't create jobs

It's just a shame, this was the stage Americans exited in the 19th- 20th century when the seized economic power from the hands of Rockefeller, JP Morgan and his greedy lots. In this modern age we are going into the cage America exited from
The more reason I suggest this country should break.

During abachas's time dangote was given dollar at 21Naira , every other person buys dollars at 90Naira and they will claim he has vision, he is a good business man. Someone that borrows large money from banks, will refuse to repay the loan and amcon will now come and pick up the debt
Dont mind some certified illiterates, I worked in a Bank few years ago and Dangote was practically requesting that we wrote off his Billions of outstanding loans. Loans that he got at less than market rate in the first place at less than 10% (when market rate was 23%). We spent weeks writing off loans before QPR and Dangote's loans was in Billions. And that's just one of his banks.
BusinessRe: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by cooldood(m): 1:14pm On May 28, 2017
Nalikedis:
But the fact is that there was first a standard oil built by Rockefeller that had to be broken. Without standard out maybe US too will rely on importing refined oil from Europe and Canada. The Rockefeller example you gave is a pointer that we truly need a Dangote... It wasn't just Rockefeller, there was also Henry Ford that dominated the automobile industry. They are pioneers, they bear the risks and end up creating a more reliable model/template for others to follow. They give other investors and entrepreneurs confidence. Initially, there will always be tendency of monopoly but by nature the monopoly always end up broken.
There's nothing like what you wrote in your last sentence; ..."by nature monopoly always end up broken", no, its not by nature, but by actively challenging it. Everywhere in the world, there are always two types of entrepreneurs, the opportunists, and the innovative ones. Most big businesses in Nigeria are largely opportunists who are rent seekers and without people waking up to the danger of their monopolistic tendencies, then the people continue to wallow in serious poverty.

Standard Oil was established in 1870, within 40 years its monopolistic drive was broken into more than 30 smaller companies (by 1911). How long will 'nature' take its effect in Nigeria, if its nature that is required to break Dangote's monopolistic tendencies.
BusinessRe: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by cooldood(m): 11:26am On May 28, 2017
NOETHNICITY:
I hate speculations
we want proof
Proof of what? Do you get proof and evidence from Shady, extractive politicians like obj, or most of your politicians? When people front for these politicians, how will you find out if you are not wise n smart. A retired. Army Colonel, who deals with Dangote revealed this to me, about obj.

The evidences you need are clear, I'll give you a few life scenarios shortly, you know a thief is not a thief until he is caught. Visit Strive Masiyiwa's blog to read about the case of Econet, then you'd have a little idea about what is going on in your country, my country- Nigeria. And it was Strive that personally went to testify in the UK against James Ibori, that nailed Ibori finally. He named a few former Governors as well involved in diverting millions of states' funds into trying to take over Econet. Perhaps, he wanted to really nail Ibori because of what he said to him- that even God cannot save Strive from being removed from Econet, and it was easier for him when Ibori was now caught in the UK for money laundering.

Go and read about the Halliburton scandal also, look for the impeachment proceedings on obj during his second term and read it, same with Ajaokuta scandal. Note, obj is not the only one. So, this is not about obj, but these so called political elites/ elder statesmen. When Pat Utomi talked about obj, ibb and TY Danjuma, as holding back progress of 9ja, you think he doesn't know what he's saying.

The more you look, the less you see.

(Strive Masiyiwa by the way, is the founder of Econet Wireless and the richest billionaire from Zimbabwe, he sometime ago took Mugabe to court and defeated Mugabe in Zimbabwe).
BusinessRe: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by cooldood(m): 11:03am On May 28, 2017
For those that may not know, Dangote is actually now a legitimate conduit for a few of our politicians to launder money, steal, embezzle and do business. Most people may not know, but obj is a backdoor major shareholder of Dangote Cement, I know some ignorant ones will come to dispute it, but dispute it at your own peril. Dangote will soon be involved in all the key sectors of the economy, and will always get his way (except the sector is not juicy).

Like Daron Acemoglu wrote in his book- Why Nations Fail- about extractive political institutions setting up extractive economic institutions, Dangote has become Nigerian Politicians' conduit to extract the wealth of the people. Dangote has become an extractive institution.

It will take what happened to Standard Oil in the 19th century, when some US Congress members rose up against Rockefeller, and successfully broke his back (monopoly) and split Standard Oil into many smaller Oil companies that we see today. It will take such and a lot more, so wealth is distributed far more than concentrating in the hands of a few.

Mind you, I am an entrepreneur and I salute Dangote's entrepreneurial drive, but, poverty thrives when wealth is concentrated in the hands of a few.
CareerRe: The Disgraceful Thing Called Salary In Nigeria by cooldood(m): 10:30pm On May 26, 2017
Fortunately or unfortunately those that are brave will hire those that are not to help the brave ones achieve their dreams. In reality everyone can't be at both ends I.e. Everyone can't be entrepreneurs and everyone can't be employees. We all need one another.

There's nothing bad with wanting to be an employee but because of the hypernormal greed of Nigerian employers (entrepreneurs), they are fine with paying corruption-inducing salaries.

For goodness sakes there's what is called livable wage!but not in Nigeria.
RomanceRe: Under So Much Pressure To Get Married by cooldood(m): 8:26pm On May 26, 2017
Lifeislife:
So I'm 30 this year.

Some years ago, after a certain situation. I decided to be celibate, the same week I decided to be single. I've been celibate single by choice. I was 25 years and seven months when I made that decision.

At first, I liked the no pressure, then the peace. No sex pressure, arguements, different opinion clashes. I don't have to take pics and send to him everytime.

But after some months, it was lonely. I missed walking with boyfriend, going to movie. In rainy season it is hard, I feel the loneliness so much. But as dry season came it got better.

I began to focus more on my career. I have become more self reliant. I started having less friends, withdrew myself from events. Became a more indoor person. I have found peace within myself.

Sometimes I see news of guys beating thier girlfriends, cheating, doing mean things. And it encourages me to stay single.

But there are always news of guys doing very romantic things for thier girlfriend that sometimes encourages me to be in a relationship.

But as months went by, I am became more and more happy. And people comment about my single life were not hurting me. When I see happy couple I am for them, and not bothered. I have this inner peace.

As I grew older, I realised a lot of men are insecure, and just want submissive fool they can control. Now, I am very bold, just the other day, I was in a queue, and a guy tried to intimidate I stood up to him. And I am beginning to dislike women, who supports when a man mistreats a woman.

As I've been getting older, less and less guys are asking me out. This year only two guys have toasted me.

My family is not happy with me. The pressure from them is so much now to get married. I have told them to be patient, if I meet a man who believe in equal rights I will date and marry him. But they don't want to understand it is just to get married, for them to know that I am married.

I just can't trust a man, most of them are lying cheats, who wants someone to take care of them. Pressure force you to have sex when you don't feel like it. Become mean when you don't give it to him. Use my trust against me, the words I told him when he was toasting, things that I don't like to use it against me.

Act nice when he is toasting you, become difficult when you are his girlfriend, he will be so different. Arrogant mean.

I see some girls in a happy relationship showing off thier guys, good for them. I have stop to compare myself to what society expects.

And everybody concern is for me to get married. It has turn to such a situation, that my few friends divert most of our conversations to my getting married.

But I'm a realistic person. Most marriages are downright horrible for women. You are responsible for co-providing, then you must do all the household chores, if you get a nanny to assist you, the husband will sleep with her. Possibly get her pregnant. Or his family will say you are lazy for having a nanny. And he digusting status quo, in our society that is bent on humiliating women to ego up the men. Men are so mean, beating thier wives, leaving thier wives to marry a younger woman.

There are good men out there. Few. Rare. This kind of nem do not see a woman as inferior to them. They treat a woman without the biased of African tradition that promotes the misuse and abuse of women. How is it that a woman must not complain, accept and not divorce a husband that has a sidechick.

Some of my neighbours don't like I am single, they don't answer my greeting. They gossip me in my area that no man will marry me, that I am old cargo, mambala.

One of my few friends told me that "secretly inside I am desperate to get married, that I am lonely miserable and no man will marry me if I continue this my character"

I told him that I don't care about marrying a man that does not believe men and women are equal. And most Nigerian women are miserable in thier marriage. They just keep quiet, and keep on submitting to the man, just to remain married. Afraid he would divorce her if she stands up to him. To avoid
society mocking them if the men drive them out of the house.

I have made my peace with the reality of our society and Nigeria. Men will always think they are doing the woman a favour by marrying her.

No man is doing me any favour by marrying me. He does not pay my bills, I will be earning my money as he earns his. Men and women should have equal rights.

But it is only when it comes to equal rights that a guy would say we are not westerners. We are Africans. But you can carry mobile phones is it in African culture? Is it in African culture to use atm machine, did your forefathers invent it? But you have accepted it. You have accepted technology now as part of your culture.

But when it comes to treating a woman as your equal partner, not a submissive slave it is not your culture? When it comes to a woman of 30, not rushing to get married it is not African culture? I must be married because I'm 30. Or people will be mean and choose not to see anything good about me because I am not married.

I would rather be single than to be married to a wicked man that would pretend he is good. Till he gets what he wants then he will show his true character.

It is a good thing to get married and have children. I love children, and it is the only thing that warms my heart when I think of marriage.

God time is the best if I meet a good man, not the pretentious mean ones. I just want my family and few friends to understand.
Great decision by you to focus on fundamentals rather than society pressure. That pressure will always be there,especially from family maybe even mum in particular.Never try to marry to satisfy society because during down moments, the same society will hardly be useful to you.

A few opinions though to correct some impression you have:

1) Man and woman were not created the same way, they are wired differently. It's natural instinct for man to want to be in charge,it's not a bad quality actually it's when it becomes obsessive that it loses its essence. So don't condemn men that try to display that instinct,why not try to unlearn the fallacy that men and women are equal. Because Lizard and Crocodile look alike doesn't make them equal.If not,men should be getting pregnant too and women should collectively start the type of hustle men put themselves through. It's not gonna happen.

2) Don't see being a vice or deputy as a bad thing.There can't be two captains in a ship or two drivers in a car. Be happy the way you are created as a lady and open your eyes well before accepting who to deputize for except ofcourse you want to lead your home while your husband takes the role of deputy. You have to both agree on that as only one person can lead while the other deputises, you could ask your husband to deputize for you no problem.

3) Finally try to humble yourself without losing your positive and strong qualities but don't ever think in your mind that you are equal to any man. You are not. Just enjoy your woman nature except you are a tomboy sha.
RomanceRe: For Those Bragging And Claiming To Have Big Dicks, This Test Is For You. by cooldood(m): 7:26am On May 26, 2017
Klassicjimmy:
I am a slim guy.Initially I didn't take any notice of my size(Down below).Not until people start making refrence at me like:U slim pple like dis dey get big kondo.
At one instance, someone once said to me:all the meat wey I suppose get for body,na him God don gather put for down for me.Then I started getting worried&started seeing my self.
When I see a lady I admire,I can't approach cos I feel my size is not wanted in most ladies.To make matters worse,there is this preety girl I met this week.I approached her then I got the shocker when she told me I am too slim for her liking.
I can say that my d**k passes that test & its largely or immersely inversely proportional to my body size but I want some weight.Food is not my problem.
Any advise?
So in other words, you are a PD...hmmm...but wat size is it really?
BusinessRe: ‘uber Most Stupid Investment In History’ – Top Fund Manager by cooldood(m): 6:57pm On May 25, 2017
naijacutee:
I disagree that a loss leader strategy is a bad move on the part of Uber.

Amazon has turned a loss for 10+ years and its investors have not made much back. But Amazons losses have paid for arguably the largest wealth of knowledge in the retail industry amassed till date.With this knowledge, Amazon can turn a profit in a heartbeat. The have something like 250million credit card details ACROSS THE GLOBe on their servers. Including mine!

Look at Amazons income sheet below.

I believe Uber is trying to do the same, which is why they spend so much acquiring users onto the platform. When you install the Uber app, it wants access to your location, your weather, your text messages, your contacts, your cameras, photos - everything.

See: https://www.uber.com/legal/other/ios-permissions/

They understand that data is money and they are mining data like gold. Let's revisit this in 5 years :-)
Keep deceiving yourself and Uber. Which product or unique service have you seen developed by Uber all over? None. In fact you use a very wrong sector to compare that of Uber. Its like comparing apple and pineapple. Amazon have consistently innovate, re-invent, add more and more products and services, Uber isn't doing such. When Amazon launched out in 1994, the world of tech. wasnt this developed and so competition wasn't as fierce as it is now (due to level of internet penetration globally), and so Amazon was able to gain traction with data and launched out many data analytics products along the way. Therefore, they offered some unique, patented solutions. Uber has no unique product offering and they are getting it all wrong. Just as its happening in 9ja where they have adopted pricing war strategy, it speaks volume of the fact that, if the competitors crash their own pricing below Uber's floor-price, Uber will be in serious trouble. Because their financial model will be disrupted completely and they'd be put off-guard. If they continue with the 'war', then its clear that because they are still very far off from breaking even, they could be ran aground, not to mention the automated taxi services in the 'cooler' coming out soon. They'd soon pack up if Google or Apple should launch that service in 2020.
BusinessRe: ‘uber Most Stupid Investment In History’ – Top Fund Manager by cooldood(m): 6:18pm On May 25, 2017
madone:
yea I think that guy is just trying to discourage competition
Maybe when you see Uber's financials, then you'd realise the guy knows what he is saying (Uber is adopting a loss-leader strategy, which will not last before competitors come for their neck) . Its a whack investment, cos there's really no uniqueness, except trying to compete on pricing, which is so easy to do, for competitors with deep-pocket financiers. Other than that, many developers can come up with the app, use google map, gbam...that's it. Even Google can send Uber packing shortly, once they launch driverless vehicles in 2020 fully.
PoliticsRe: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by cooldood(m): 4:07pm On May 25, 2017
deomello:
Please stop repeating the same ignorant rubbish.


I was an MOU, not a contract.

Let it go if you have nothing better to contribute.
Na u sabi...#likeleaderslikefollower...lol
PoliticsRe: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by cooldood(m): 10:13pm On May 24, 2017
realborn:
Subject to further intricate details,

I think the world feels different about Lagos.

I think the concessionaire erred and did not fulfil their own obligations as required.

I think a new concessionaire will emerge.

I think this new concessionaire will focus better.

If my thoughts and assumptions are wrong, I absolutely agree that your concerns are very valid.

Do have a splendid night rest. smiley
That's fine.

Enjoy your night too.
PoliticsRe: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by cooldood(m): 7:02pm On May 24, 2017
realborn:
I think otherwise though.

I think the international community will for the first time notice that a sub-unit in Nigeria is focused and willing to make progress. For years, investors sign all sort with us but notice that they can act otherwise without any penalties. The so called investors thereafter deploy ways to benefit or fleece our resources on the heels of the influence gained.

In this instance, 4th Mainland Bridge is a flagship project that a plethora of investors will be willing to participate in. Mr Akinsanya confirmed this. I reiterate that it sends signals to all and sundry that the LASG is simply looking for serious partners.

Irrespective of the pre-qualification process or due diligence carried out, any party to an agreement can fail. This is why determination clauses and remedies are included in all agreements or contracts between different parties.

A good (not compromised) manager knows when to implement or enact such clauses.

My final 2 cents on the subject..
Its ok, but you havent answered a burning question at heart, who says the same way the administration has messed up the whole selection process barely 12 months ago, wont repeat itself? You said, A good (not compromised) manager knows when to implement clauses, but where is the place of an excellent manager that knows how to select parties and get it right the first time. I am simply not surprised though, as Ambode is following the footsteps of his predecessors/ Godfather(s), taking laws into their hands,going against the rule of their land, and so on. In fact, that is one of the main reasons Nigeria is where it is today.

You also think it sends a good message to the investment community, I simply just smile when I saw this. Go and read World Bank's ease of doing business report for 2017 and then you will understand the place of due process and contracts in why we are hovering around 169/170 in the last 3 years or so. You do not sign long term agreements, or terms or contracts, and within 12 months, wake up and cancel it because you are the Governor, it means you can do the same to the next investors, and so on and so forth. It is simply wrong! This scares investors away.

I was privileged to be part of EIU's Sub-Saharan Africa Investment Conference early this year, and my gosh! Nigeria's report card was just so bad, the only 'music' they kept singing about Nigeria was- lack of clear policy direction and inconsistency in decision making. Today you ban this, tomorrow you unban it, next day, you sign contract, the next month, you cancel it, same thing Lagos State is doing. It is bad governance, as simple as it is, and its the citizenry that suffer for it at the end of the day, not these illiterate leaders.

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