mike quinn zoona
To company President Mike Quinn it's not so much the medium that's important, he states "It's about the creation of something that never before existed. Brett led the creation of an exciting new B2B fintech spin-off called I was very fortunate to have had such capable and experienced co-founders who could take over as I stepped away. The company said…Fresh out of the university after bagging a degree in computer science, Oluwafemi Alofe built an MVP for a legal tech startup in 2016. Mike Quinn is CEO of Zoona, a mobile payments system in Zambia which was the first technology startup company in Zambia to secure venture capital from international investors.
I’m now excited and energized to start a new journey building another purpose-driven company.The best thing we did at Zoona – which I will take to my new startup – is to be purpose-driven in everything we do. I have no doubt I will experience many failures along the way, but I’m no longer scared of failing and will view these as course correcting signals en route to achieving this goal.I can honestly say, since leaving Zoona I’ve had one of the most productive and enjoyable years of my life. Brad and Brett knew the local context and had much more entrepreneurial experience than me, but I was able to add value by amplifying what they had already started. The best investors get this, and are supportive of teams that are customer centric, learn fast, and pivot when necessary. It took me some time to get back on my feet, and writing my story down really helped me reflect on how valuable the journey has been. I initially put this pressure on myself, but it’s also natural for people to ask, “What are you going to do next?” all the time. But when I did, I was thankful to have such capable partners who could seamlessly step in and do an even better job than me for what the company needed.However, Zoona failed to win under my leadershipMy book is also a very personal story, as I failed to win. I also recruited my Oxford MBA colleague, Keith Davies as our CFO and fourth partner. It took me some time to get back on my feet, and writing my story down really helped me reflect on how valuable the journey has been.
I also realized how much they had grown over the 10 years we worked together, and I knew the company would be in the best possible hands. A successful fundraise is a starting line, not a finish line, and the hard part is turning the money into value and impact. I also realized how much they had grown over the 10 years we worked together, and I knew the company would be in the best possible hands. Find out more by reading our Sign up to our newsletter to get the latest in digital insights.By signing up for this email you agree to receive the latest info from Burnmedia Group. This is Canva’s first partnership with an African print-on-demand company and it…Red Bull has announced that South African Thabo ‘Yvng Savage’ Moloi is now the company’s first esports athlete on the African continent. It also led to some reinforcing incentives, such as the desire to protect our margins, which in turn protected our valuation (as investors were valuing us using revenue multiples).
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