Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm - Investment (2)

Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm - Investment (2) - Nairaland

Nairaland Forum › Nairaland General › Investment › Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm (10126 Views)

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Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by udemzyudex(m): 10:40am On Jan 17

id4sho:
China is only economic, nothing concern them with security 🤷🏿

Oga whether economy or security, tell me make i learn.

2 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Jayboiii: 10:49am On Jan 17

Are we sure these guys are not just importing drones from China?

3 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Vicana: 10:53am On Jan 17

solomonbrown200:
Nigeria that can't even produce pencil na drone they want to start useless country abi this idiots think say we be fool

Una go just deh underrate the potential of young Nigerians and Nigeria. Forget say things no deh go well for Nija. We 'You' have the potential of solving a problem. Don't underrate yourself, believe and you can make something out of your nothing.

4 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by slimthugchimee2(m): 11:00am On Jan 17

Lexusgs430:
Why couldn't our rogues in Nigeria, have invested with Terra........ Olele tabawonu eko..........🤣😂💦😁

They actually did

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Lexicon123: 11:04am On Jan 17

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

Not sure the reason for your conclusion. But note that this is private sector and the investors are said to already have representatives on the board. Let’s encourage our own and foreign-private sector driven investments.

3 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mubiola360: 11:05am On Jan 17

id4sho:
Will the federal government allow full operation

Yes, it was actually set up with the backing of the Federal government right there in Abuja

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mrexcell(m): 11:09am On Jan 17

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

Embezzled by who exactly? Do u think the company haven't properly done their homework before agreeing to spend such huge amount? Those nigerian guys don't even have anywhere to run to in this world if they foolishly decide to flee with the $11m.

2 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mrexcell(m): 11:13am On Jan 17

BlackViper:
Very impressive achievement by these two young men.

Even more impressive is the fact that under this deal, a non executive board member of Peter Thiel''s company Palantir has joined the board of this Nigerian company created by these two young Igbo men.

For those who don't know, Peter Thiel is basically the guy who created Elon Musk and a lot of other tech billionaires. He's basically like a godfather in Silicon Valley. To the best of my knowledge, this is the first time he has ever shown enough confidence in the commercial potential of an African tech startup company to invest in it.

Nice to know they decided to locate their operational base outside lagos where there won't be any bad belle.

3 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mrexcell(m): 11:17am On Jan 17

solomonbrown200:
Nigeria that can't even produce pencil na drone they want to start useless country abi this idiots think say we be fool

There's nothing too complicated in producing sophisticated drones nigerian universities and even some tech firms are already doing just that in a smaller scale.

4 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Bluntemperor: 11:20am On Jan 17

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

You could Not see anything Positive,but it is worrisome that you could Only see Embezzlement.
But did you know that this is a Private Firm ,unlike your Public Companies like NEPA DISCOS or NNPC,so it shows you don't understand or read with Meaning.
Indeed,many in Social Media are just for a quick Data,no more!

2 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mrexcell(m): 11:25am On Jan 17

dederocs:
Shame to Nigerian criminal politicians, they can't invest in industries that boost security, all they know is to invest in hotels, hide money under soakaway and underground pits. Debased people.

Very primitive people that are not supposed to exist in this 21st century.

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Orlu13: 11:27am On Jan 17

Mrexcell:
Embezzled by who exactly? Do u think the company haven't properly done their homework before agreeing to spend such huge amount? Those nigerian guys don't even have anywhere to run to in this world if they foolishly decide to flee with the $11m.

It's good that some of you still believe in this country....but at the end, you will be disappointed... that's fr sure

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by dederocs(m): 11:28am On Jan 17*

Mrexcell:
Very primitive people that are not supposed to exist in this 21st century.

Very primitive, the worst of us are actually leading us...they are in politics just to make money not to develop the system or people.

If you steal, invest it to employ your people and safeguard your environment, where your siblings, family, friends and constituents live, the place you call home.

This is one of the reason westerners don't respect us, they see how we come try to hide stolen wealth in their country...I mean if we don't love ourselves or our country, how will others love it respect us?

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by wellmax(m): 11:33am On Jan 17

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

Cleanse your mind and soul of negative thinking.

These are young guys making waves in tech, you are here with your 500mb subscription yarning non. Sense.

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mrexcell(m): 11:39am On Jan 17

Babatundehy:
Actually commendable, a good thing these things are being manufactured here, my only concern is that this startup will now be controlled by the United states, the federal government of Nigeria could have invested in this and made this a proper Nigerian thing, anyways it is what it is

Nigerian politicians that are only after how to loot billions and trillions from oil and gas proceeds will never have the intelligence to invest in promising tech start ups like these.

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mrexcell(m): 11:50am On Jan 17

Orlu13:
It's good that some of you still believe in this country....but at the end, you will be disappointed... that's fr sure

Life must go on even if nigeria is not working those two nigerian youths saw a problem and a vacuum and decided to use their tech inventions to provide solutions to the problem of insecurity in nigeria and africa that's exactly how genuine money is made and also making the environment we live in a better place to live in and prosper.

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by CandidSeeker(m): 11:52am On Jan 17

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

Founded in 2024 by Nathan Nwachuku, 22, and Maxwell Maduka

I bet you never read the details & the above made you regret your rant.

Always in a rush to rubbish Nigeria.

2 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by LivingEarthMan(m): 12:33pm On Jan 17

The best news of the day for me. Nigerian tech companies who are into drones and AI development need all the support and capital they can get from any legitimate source. Drones and AI are the future

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by PepeXKermit: 12:42pm On Jan 17

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

Moumou. People are wanting ti make impact... especially atartups run by private individuals and looking for opportunities to do so. The only thing your moumou head can think of ia embezzlement... you seem to not understand the potential of drone tech around the world to undersrand that 11m is a small fish compared to what they could be making in 1 or 2 years time.

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by SEOJanitor: 12:53pm On Jan 17

BlackViper:
Very impressive achievement by these two young men.

Even more impressive is the fact that under this deal, a non executive board member of Peter Thiel''s company Palantir has joined the board of this Nigerian company created by these two young Igbo men.

For those who don't know, Peter Thiel is basically the guy who created Elon Musk and a lot of other tech billionaires. He's basically like a godfather in Silicon Valley. To the best of my knowledge, this is the first time he has ever shown enough confidence in the commercial potential of an African tech startup company to invest in it.

When a white man fosters your growth they indirectly have control. Him investing in the drone factory to have more surveillance info of African at hand, imagine in the near future when the US tries to eliminate another pan africanist they'll have big big data to use from this oga.

They are buying out a tech that's supposed to be made by Africans for Africa Security.... The irony is the government turned a blind man to these young men and now a white man is taking all this info to strength the US surveillance system over Africa.... The government are always to blame anyone that says otherwise is just a liar

3 Likes 1 Share

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by rafcrown(m): 1:10pm On Jan 17

Not even enough for them to embezzle?

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by MemoriesAndMe: 1:25pm On Jan 17

Maga don pay.
How many terrorists or kidnappers drone don catch before for Naija?

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Mayflowa(m): 2:05pm On Jan 17

BlackViper:
Very impressive achievement by these two young men.

Even more impressive is the fact that under this deal, a non executive board member of Peter Thiel''s company Palantir has joined the board of this Nigerian company created by these two young Igbo men.

For those who don't know, Peter Thiel is basically the guy who created Elon Musk and a lot of other tech billionaires. He's basically like a godfather in Silicon Valley. To the best of my knowledge, this is the first time he has ever shown enough confidence in the commercial potential of an African tech startup company to invest in it.

I am really impressed to have Peter Thiel buy-in. That guy is a juggernaut! The project is at the heart of our national security.

1 Like

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by heysquare(m): 2:07pm On Jan 17

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

To you it's wasteful but to that billionaire it's a good investment. Thats the difference between a billionaire and poornaire. They don't reason same way in term of risk

2 Likes

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by Konquest: 2:11pm On Jan 17

BlackViper:
https://africa.businessinsider.com/local/markets/us-tech-billionaire-joe-lonsdale-invests-dollar118m-in-nigerian-drone-firm-to-tackle/meq8g4p

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by orazx: 2:30pm On Jan 17

id4sho:
China is only economic, nothing concern them with security 🤷🏿

But me and you know that you will pick an American Visa over Chinese Visa

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by OgiidiiAlagbo11: 3:43pm On Jan 17

This is impressive 👍we have brainy youths ,we are not just lucky with leaders

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by CorperKola: 4:28pm On Jan 17

BlackViper:
Very impressive achievement by these two young men.

Even more impressive is the fact that under this deal, a non executive board member of Peter Thiel''s company Palantir has joined the board of this Nigerian company created by these two young Igbo men.

For those who don't know, Peter Thiel is basically the guy who created Elon Musk and a lot of other tech billionaires. He's basically like a godfather in Silicon Valley. To the best of my knowledge, this is the first time he has ever shown enough confidence in the commercial potential of an African tech startup company to invest in it.

They are the same set na
They founded paypal together
He is an investor

This kind of start up is long overdue honestly

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by CorperKola: 4:39pm On Jan 17

Jayboiii:
Are we sure these guys are not just importing drones from China?

Lol
Actually pretty smart stuff
China started by copying too
And they'll be making cool cash

2 Likes 1 Share

Re: Joe Lonsdale Invests $11m In Terra, Nigerian Drone Firm by banku: 5:40pm On Jan 17

Very impressive young men.

Money-Miss-Roads that are supposed to invest their privileges and loots are not. But they acquire Vanities they enjoy temporarily but become their burden for life.

We blame Lazy Youths, their start-ups all over the country is amazing without internal investment in their projects.

I do not care if foreigners believe in them and invest millions that the looters would not.

1 Like

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