Cars. Valuations.

Growing up in Naija (Nigeria), we were usually concerned about the horrible traffic on Lagos roads. 

As soon as we’re arriving at the obvious reason that we have too much cars on our already bad roads. Folks snap. “My car is not the on the road so we don’t have enough cars yet”. 

Because they don’t own a car yet, they refuse to affirm we have too much cars on the road. It irks me and equally makes me laugh. 

Recently, in the Venture Capital and Tech world, startups have been raising money like no man’s business. You’d see a company without revenue raising millions of dollars. It’s ridiculous and equally interesting. 

I’m ashamed to admit that, as long as my startup isn’t among the startups raising filthy cash, I won’t affirm most tech startups are overvalued. 

Shay Hun's Blog