Amara (@audacious_amara) header
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Helping back exceptional founders| Venture capital |leading creator economy @withaudacious. member @etradeforwomen venture fellow @newtonprogramvc

Remote
Joined April 2020
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Amara retweeted
The tech industry broadly no longer looks to make the everyday persons life better they are mainly focused on making companies richer, see the concentration of capital focused on the enterprise
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Don’t let any fool gaslight you Constant Electricity is the barest minimum
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Amara retweeted
Mass migration can never be a long term solution to economic hardship. We need to fight for the soul of our country
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Amara retweeted
Guys, please do hard things consistently. And when it starts looking easy, do even harder things.
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Amara retweeted
I am excited to announce the launch of Tech This Week, Africa’s live technology show —covering the biggest news in tech and business! African tech is shaping everyday life far beyond the tech ecosystem – sports, culture, and entertainment. The conversations should reach just as far, and livestreaming is the next evolution. Tech This Week will premiere on my X, LinkedIn and YouTube today at 6pm WAT — from Lagos, the startup capital of the continent. Thanks for your interest in tech ✨
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Our first short term rental property is going live this weekend 🥹❤️. Omo, thank you Jesus. Thank you @KebleHQ ❤️🔥
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Heatwave, no light, national grid is down, fuel is at an all time high, what a time to be Nigerian.
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Amara retweeted
That’s on p!
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Amara retweeted
nigerian billionaires, if you’re serious about industrializing nigeria, invest heavily in local talent too. you can build all the factories, energy companies, banks and infrastructure you want, but eventually you need engineers, scientists, researchers, operators and managers who can actually run, improve and reinvent those industries. you can’t keep fighting over the same tiny pool of talent forever or be bringing in expatriates to fix our local problems forever. you don’t need to start another university from scratch. our best universities are painfully underfunded, and i genuinely think we need to start treating them as industrial infrastructure. imagine $1b strategically spread across selected regional universities in nigeria for labs, research, engineering facilities, faculty, scholarships, commercialization and strong industry partnerships. and i say regional universities deliberately because young talents shouldn’t have to travel far across regions to access quality education. industrialization isn’t just about building companies. andrew carnegie was one of the defining industrialists of america’s industrial era, but part of his legacy was also investing in the institutions that would produce future talent. the school he founded eventually became carnegie mellon, which today is one of america’s strongest universities in computer science, engineering and ai, producing talent for firms like openai, citadel and others. y’all need to start building institutions that will keep producing the people capable of sustaining and reinventing the companies you build long after you’re gone. @AlikoDangote @realFemiOtedola @asr_rabiu @TonyOElumelu
Today, Carnegie Mellon University and Ken Griffin, founder and CEO of Citadel and founder of Griffin Catalyst, announced a historic $3 billion gift to elevate Carnegie Mellon in Pittsburgh and launch Carnegie Mellon University Miami. #CMUMiami Learn more: cmu.edu/news/stories/archive…
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Amara retweeted
Please be a student of your industry, whatever that is. Its history, present & future. If you’re passionate about something, you should be genuinely curious about it.
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you are going to fail, so fail while daring greatly
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“Our job is to derisk Africa. If we don’t invest in Africa, they won’t invest in us.”
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Posterity will never forgive Afam Osigwe and his supporters for further dragging the NBA through the muds of disrepute. – at Ibadan, Nigeria
Law isn’t a noble profession- VeryDarkMan to Femi Falana
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Overheard in SF: "is he old money or new money? like saas rich or AI rich?"
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It’s never easy, fast, or works the first time. Get over it.
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Please help repost If you're in Abuja and you need a reliable Diesel supplier, contact me Whether it's for residential or industrial capacity, contact me And it's 24/7
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Real Business in a vc-starved period: You raise $200k, You invest $200k on assets, you borrow $200k, you make money you return $200k or a part of it, you still have $200k and growing assets. Startups in a vc-starved period: you raise $200k, you spend $200k, you make $200k or a part of it. Your balance is $20k or less. You die eventually. We need to rejig the math.
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So the strategy now for African Series A+ VC funds is to buy secondaries in order to concentrate into "de-risked winners?" With nine-figure funds and in markets with lower terminal values? Really? If we're talking about global late-stage venture sure, but this is massively underestimating concentration risk at African venture A/B. Why would strong early-stage founders want to be surrounded by investors who are optimizing for downside reduction? This is private equity underwriting with venture-level risk. There's no replacement for conviction this early (and Series A is early). I predict the power law in venture continues to prevail.
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If you want to win long-term, you can't care about rejection, judgment, or failure. At all.
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Wake up and be brutal about changing your life today. Be brutal Remove shame Take one step today Change your life Be brutal about it.
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