Happy day everybody...hope you are chilling well,I recently heard of a story of a man Brian Action by name who was turned down by alot of company,even by facebook when he was looking for job.
This same man went on an cofounded Whatsapp and can you believe that the same facebook that rejected this man was also the same facebook that bought his company whatsapp for a whooping $19billion.
Now comes a Nigerian born Chinedu Echeruo who also that built a company,that was eventually bought by Apple.com for around a sum of $1billion.If you are still there carrying your certificate up and down my dear that might not be your destiny,I guess God has something bigger than just a pay job in stock for you.
Try something different from looking for a job,possibly start a company...Brain Action,Chinedu Echeruo and a whole others started their one day.
Now read about Chinedu Echeruo,
Apple has acquired 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 publication.
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 oft 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 and Tripology.com. Tripology.com was acquired in 2010 by American travel and navigation information company, Rand McNally. He was named Black Enterprise Magazine’s Small Business Innovator of the year and listed in the magazine’s Top 40 under 40 and is currently a partner and head of the Principal Investing group at Constant Capital, a West Africa based investment bank.
True to form, Echeruo is working on yet another venture but this time, focused on small businesses in Africa. Check out a video of Chinedu Echeruo below at last year’s TedxIkoyi where he talks about his latest project for small businesses in Africa; “crowd sourced business in a box.”
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 to 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.”
No comments:
Post a Comment
Feel free to comment and share this post,you never can tell those that need it...Peace @ Lazarus Uwakwe