×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Startup woes expose disruption myth

OLX offices, March 2015. [Wilberforce Okwiri, Standard]

The past few months have seen several startups in Kenya close shop, scale down or report operational difficulties of some kind that have cast doubt on their future.

The collapse of these start-ups, some of which recently raised billions of shillings in investor financing, has exposed the underlying myth of "disruption" that drives much of the Nairobi "Silicon Savannah" narrative, and the problematic attitude of investors from the West that perpetuate this hype.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in