Taxi hailing competition - too good to be true.

[RV Pundit]

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http://www.nation.co.ke/business/Little-Ride-s-fares-cut-sparks-fresh-price-war-with-Uber/996-3463914-nlthv2z/index.html

[Empedocles]

Getting slightly too crowded which favors customers with lower prices.

Sendy is already bolting:

Sendy terminates online hailing service

I've been using Uber / Little Cabs and I must say I'm very impressed with the services. No hours long negotiation marathons before the ride, clean cabs, and a very nice atmosphere.

[Nefertiti]

What we need is more VC's like Safaricom Spark Fund. There is enough local talent to launch all kinds of business. I have seen folks like Church-Blaze raising funds kienyeji I wonder why they can't go to VC's.

http://www.mediamaxnetwork.co.ke/k24-tv/233944/churchblaze-seek-sh200m-growth-capital/

[Empedocles]

What we need is more VC's like Safaricom Spark Fund. There is enough local talent to launch all kinds of business. I have seen folks like Church-Blaze raising funds kienyeji I wonder why they can't go to VC's.

http://www.mediamaxnetwork.co.ke/k24-tv/233944/churchblaze-seek-sh200m-growth-capital/

Some, not all, Kenyan VC's take advantage of the local talent's lack of legal understanding to rip them off.



What we would first need is the government to set up a program whereby the entrepreneurs would be able to get sufficient legal advice before they sign on the dotted line. Something like the newly launched www.ajiradigital.go.ke/:

AJIRA DIGITAL PROGRAM aims to introduce young people in Kenya to online work and provide the tools, training and mentorship needed for young people to work and earn an income through online work.

OBJECTIVES
1. To raise the profile of online work.
2. Promote a mentorship and collaborative learning approach to finding online work.
3. Provide Kenyans with access to online work.
4. Promote Kenya as a destination for online work.

We have the talent which just needs to be nurtured.