3 ms·
Isnt this the same thing? Slow product adoption = difficult to get users. Scaling a product = difficult to get users Bootstrapping is hard. Also perhaps diff
by rvba 3y ago
Isnt this the same thing?
Slow product adoption = difficult to get users.
Scaling a product = difficult to get users
Bootstrapping is hard.
Also perhaps different markets are different due to local law and competition.
But isnt water wet?
- bee_rider 3y agoCould be local law, competition, or maybe the people are more or less conservative about this kind of stuff in different countries. > Also perhaps different markets are different due to local law and competition. I’m just curious (for no real reason, just curiosity) and want to nail down the “perhaps.” > But isnt water wet? If you ask a chemist or physicist why water is wet you might get an interesting answer!
- alephnerd 3y ago> competition It's this. Ghana and Kenya have some of the most robust fintech industries in Africa.
- lupire 3y agoOK, but, for comparison, scaling a search engine is hard in US, and it's not an insight worth sharing, it's completely obvious to anyone who looks at the market for 5 minutes.
- alephnerd 3y agoTrue! But Nigeria doesn't have as developed a fintech sector compared to Ghana and Kenya, which lead to local champions arise somewhat sooner in those countries than in Nigeria.