Octopusssy:
I think the adjective 'simp' is arguably the most misused adjective on this forum, and perhaps on social media. I recall when, some time ago, I was ill and my significant other washed my clothes (hand wash o) he laughingly remarked "if my guys see me washing your clothes, they will call me a simp".

That got me thinking. Does showing care to your partner make you a simp? The toxic social media Alfamails seem to think so. The same 'alpha males' wey no dey give their mama monthly allowance, talk less of her holding their net worth for them, but are here shouting "Hakimi is our hero!" (we are not ready for THAT conversation).

I saw this post on Facebook and decided to repost it with permission.

Princedapace:
omo, to find help within Nigerian tech space is hard shaa. Lol

Let me try!

I want to implement paystack in a react native app that I am working on. I dont want to use any paystack npm package. That was the task given.

I am using react native webview to access paystack webpage within the react native app. Everything working well except the cancel button.

For reason not known to me, the cancel payment button doesnt respond at all. Normally, it was supposed to respond to a pastack url which I could have used to track and close the webview. But it doesn't respond.

I also tried using javscript to detect when a user clicks on the cancel button and with it, I could have close the webview but that is not working.

Any assistance would be appreciated.

Princedapace:
omo, to find help within Nigerian tech space is hard shaa. Lol

Let me try!

I want to implement paystack in a react native app that I am working on. I dont want to use any paystack npm package. That was the task given.

I am using react native webview to access paystack webpage within the react native app. Everything working well except the cancel button.

For reason not known to me, the cancel payment button doesnt respond at all. Normally, it was supposed to respond to a pastack url which I could have used to track and close the webview. But it doesn't respond.

I also tried using javscript to detect when a user clicks on the cancel button and with it, I could have close the webview but that is not working.

Any assistance would be appreciated.

DissTroy:


I'd have said an outright no but I discussed something in that range with my lady today who's also tech-inclined.

Here's what she said which I think makes sense:

If you value the startup and think, regardless of growth, there'd always be a valuation cap in the next 10 years, it's worth it. And if you know the $50,000 would help you scale to a certain level, then earmark the 10%, scale then maybe do a Series A raise for 10% then leave it at that. She didn't use all those technical VC terms but that's the summary of what she told. I sort of agree, partially.
Madam kept hammering on controlling percentage as a founder everytime I discuss it with her.

It also depends on the tech specialty. Is it innovative? How can you successfully predict a valuation cap? I'd he lying if I say I can. I can't.

----
How was Flutterwave to know after their first $1.1 million raise in 2016, they were going to be valued at $3.1 billion by February, 2021 while PayStack which sprang up concurrently and offers same services got sold for $200 million?

Again, Y Combinator gives $500,000 for 7% equity but with a higher competive entry bar while the referred to VC is offering $50,000 for 10%. I guess one has to put a VC cap of what to let go, put a cap on estimated funding to scale then make compromises.

I know of an Indian PAAS which raised $25,000 at first then raised $1.1 million in January. But they don't reveal the percentage equity traded off, of course.

obi4eze:


Yea. These are actually the reality in other climes. VC is fast losing its appeal because of these challenges. Having worked in one of the VC-funded companies in Nigeria, I can say that Nigeria may be a bit of a peculiar case because of the inherent corruption in the leadership of some of these companies.
Crowdfunding may be a better alternative but it is difficult to get people to buy into a startup, especially when the prospects are not publicly known.

DissTroy:


If you google tech startup funding now on Google, you'd be bombarded with an ad from a VC company which gives $50,000 in exchange for 10% equity of your company.

Yes, man - 10%. It doesn't matter whether it's a robotic startup.

DissTroy:


True enough. There also seems to be a particular circle one needs to break into to get access to these VCs. I mean, asides Y Combinator, other publicised tech startups getting funding announced on TechCabal and the likes seem to come from certain circles like the Lagos Investment Network.

How then do tech founders outside these cliques get funding for their viable startups/digital products?

obi4eze:

Sorry. Been occupied. One problem with VC funded companies is that the VC funderscan demand a huge ROI and and this can put pressure on the founders of the company to deliver within a short time.

obi4eze:

Most times these founders do notunderstand the real-life market situations of such business and are excited at the prospects of the funding. This can lead to unexpected challenges as a result of undue pressure from the VCs AND INCESPTES
Another challenge is the fact that the founders of the business/company can lose majority stake in the business. This can lead to a loss of focus, vision and direction in the company as the company's policies and direction would majorly be determined by the majority stakeholders.

obi4eze:

For a company to meet the needs/requirements in VC funding, a set of goals/milestones must have been achieved e.g. staff capacity, financial statement etc. It is usually a complex and tedious process in getting VC and increasing staff capacity can lead to massive recruitment in a company and this may not fit its long-term goals.

Akanoaaa:


Yes, very differently. Their rate make sense and they don't change for exchanging of currency like payday and only 1 usd for card creation of your choice. Master or Visa. Wirepay is own by Maplerad. Check Google play store for customers reviews.

DissTroy:

Most fintechs are essentially just paytechs. Financial technology goes beyond payments systems. The market is almost oversaturated as the customer base already have enough options to choose from.

DissTroy:

The reason most fintechs focus on just paytechs is they want to raise VC quickly. Paytechs have higher transaction volumes which you can use as POC then added to a pitch, investors would open their purses in a shot while.

DissTroy:

See Okra.ng ? It's barely known except by entrepreneurial developers but what's it's doing is core fintech. There's more but the VC ecosystem in Nigeria and Africa is dominated by the early starters who are just paytechs - founders of Flutterwave, PayStack etc.

DissTroy:

Maybe. But I had a lengthy and extensive discussion with other programmers and/or tech founders about it in February on this thread:https://www.nairaland.com/7567838/what-happened-andela-nigeria#120922699
4 pages of it all.

jaxxy:
Nice bt these start ups are all doing same thing and never as efficient as expected.

Akanoaaa:
I still prefer Wirepay anytime any day

shegzhkn:
Is it safe to say to kill the tech ecosystem in Nigeria you just make Stripe available there & PayPal fully functional & then get rid of the petty financial policies and it game over ??

obi4eze:
VC is good but has its disadvantages.

pocohantas:
a friend asked me, what are they doing differently? He did tell me what they are doing differently and I wonder how they plan no sustain no charges in Nigeria. Right now I am just observing him.

jaxxy:
Nice bt these start ups are all doing same thing and never as efficient as expected.

DissTroy:
This is good. I'm happy for them. But the real question for those of us with interests in tech VC is, at what equity are these funding rounds converted to?

Y Combinator exchanges $500,000 (+ addons) for 7% equity.
They raised $1.5 million earlier on. Now they raised $3 million.

How much equity have they let go? With that many rounds ( which is still low-bar) and VCs, what's the controlling stake for the founders?

Now the last part is what worries me. if only tech bootstrapping were easy...

Akanoaaa:
I still prefer Wirepay anytime any day

shegzhkn:
Is it safe to say to kill the tech ecosystem in Nigeria you just make Stripe available there & PayPal fully functional & then get rid of the petty financial policies and it game over ??

obi4eze:
VC is good but has its disadvantages.

pocohantas:
a friend asked me, what are they doing differently? He did tell me what they are doing differently and I wonder how they plan no sustain no charges in Nigeria. Right now I am just observing him.

Jakumo:


Religious zealots are the most dangerous type of hypocrite that exists. They are capable of committing murder while justifying the crime by quoting holy books, and certainly, they are highly predisposed to victimizing and assaulting women or even children under the pretext of doing God's work.

pansophist:
op, if you mean this post in the context of marriage, then of course you made a whole lot of sense. The worth of a man is in the provision, to be able to take care of his family. But if it is in the context of a mere relationship, then no, he owes you nothing. And also, feel free to assume your duty as a woman only after marriage. So no sex, kissing, and domestic duties. It's fair that way.

In my book, a vulcanizer that has his own self-contain, who earns honorably, and who can take care of a woman reasonably is responsible in my book. Lots of men can start a family, but the expectations of women these days are very high, making men feels like they are not good enough.

If you want an iPhone 14 pro that costs over a million, then a banker earning 300k monthly won't be able to afford it for you. Does it mean he is not responsible again? The issue here is the disconnect between women's desires and the reality of things.

Women's needs are not proportional to realities on the ground, but exponential. So for example, a man earning 200k naira monthly in the context of Nigeria is above average, but lots of women will consider him poor, that he is not good enough for them. This is the lack of proportionality I mean.

If both of you live modestly, his salary should be enough, and if you are not lazy, you can make it easier if you work as well. Also, the way women analyze the financial depth of a man's pocket, the man is also analyzing if this girl is a gold digger.

There is this story in the bible where Jesus appreciated the offering of a poor widow and rejected the ones by the wealthy men simply because it came from a good heart, and it was over-proportionate to what she had. She basically gave all.

In my book, a vulcanizer that gives you 50k, but earns 100k a month is a hero, compare to a yahoo thief that buys you a phone worth millions. But in this Nigeria, many girls will choose the yahoo boy over the vulcanizer.

So it is not black and white. Men are trying. The average man wants to be loved and will do everything to get that taste of a woman's warmth who loves him purely. A bit of empathy is needed for men.

For men, the love they experience dries as they grow older. So for example, a girl of 16 years will be receiving love and attention from multiple channels, such as parents, toasters, boyfriends, brothers, and so forth.

A boy of 16 probably gets love only from his parents, no girls are lining up to take him out. If he asks a girl, then love in form of cash will go from him to her. And the older he gets, his parents will become his dependents. Meanwhile, a girl will marry and her husband continues showering her love from where everybody stopped. But of course, after she has selected the best of men in all her charity givers.

But even if a man marries his choice, he still has to spend heavily. She will probably love the kids more than him, and her love is only as valid as how long he can be useful materially. This is the reality of men. Even in these circumstances, men still accepted it. The least women can do is to match their desire with the realities on the ground, this is Nigeria, not Netherlands. We are broke in this country.

Whatever.

OkpaNsukkaisBae:
If juju dey work...the white 4 no colonize Africa

Faber:
Being a fair handsome guy have its own challenges, all girls see you as a play boy. Even if u swear with Tinubu's pampers, they will not believe u.

losprince:

It doesn't get anymore elaborate than that. Just like nairaland has moderation features that are not accessible to users that are not moderators, you can add a feature to a web app that's not accessible to users by simply restricting it with conditions or not displaying it.