Ali
Good points.
A point I picked is that the digital economy is a “cog” in a chain within a “whole” and that brick and mortar need to be part of this continuum.
The example of Apple, an Internet company, but which manufactures and sells devices is a good one.
Shukrani.
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From: Ali Hussein [mailto:ali@hussein.me.ke]
Sent: June-04-12 1:58 PM
To: Matunda Nyanchama
Cc: KICTAnet ICT Policy Discussions
Subject: Re: [kictanet] Facebook & the Digital Economy
Matunda
That's a very interesting article. It however misses the point by focusing on the Facebook IPO 'fiasco'. Let me just say that the fiasco is mainly on the side of investors/speculators who have had to take a haircut on the speculations of the investment bankers who advised Facebook.
The IPO has made a few hundred millionaires within Facebook with Zuckerberg's net worth now north of $16B ( as a good friend of mine would say 'Not too shabby!'). From a purely social and political perspective we don't have to belabor the point of how instrumental social media has been across the world.
Closer home the hype and hesh (allow me to use that piece of slang :) ) that Nairobi in particular and Kenya in general has received in the last few years is due to this digital thing... Local companies like Virtual City, Pesapal & Cellulant all owe their existence and claim to fame because of this thing digital.
I could go on...
Ali Hussein
+254 773/713 601113
Sent from my iPhone®
On Jun 4, 2012, at 8:05 PM, Matunda Nyanchama <mnyanchama@aganoconsulting.com> wrote: