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AccessKenya, Henry Njoroge & OpenView
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anasazi
#11 Posted : Wednesday, February 03, 2010 2:32:00 PM
Rank: Veteran

Joined: 6/8/2007
Posts: 675
Hmmm.... So, VVS/ Mukiha, please enlighten me... What was the magnitude of openview's loss both for last year and the year before, and would you say it can be fixed? Or did this guy buy into a dead thing?
Form is temporary, class is permanent
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anasazi
#12 Posted : Wednesday, February 03, 2010 2:33:06 PM
Rank: Veteran

Joined: 6/8/2007
Posts: 675
And, if AK are selling internet access, by them not having an up to date website, what are they really saying?
Form is temporary, class is permanent
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muganda
#13 Posted : Wednesday, February 03, 2010 3:39:10 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Lucy Muthoni Njoroge always looked like a woman on a mission. She founded the company and was always the face during the tremendous growth. Surprising what enterprenual women achieve considering she was not a techie, had a BEd (later completing her MBA).

Only heard of her husband in OpenView after the merger. She left and took her customer focussed business approach to found X&R. Judging by what I'd seen previously, I'd bet on another success.
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  | | Edit by moderator: Thursday, February 04, 2010 5:18 AM | Reason: title optimised for search
gathinga
#14 Posted : Thursday, February 04, 2010 12:24:39 PM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
@Muganda. Good perspective. Do you mean Hnery is not even the vision holder? Ukiona vyalea, jua vimeundwa
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anasazi
#15 Posted : Thursday, February 04, 2010 1:19:18 PM
Rank: Veteran

Joined: 6/8/2007
Posts: 675
Have tried to google up more info on this but currently not too much online. Infact a google search for "Lucy Muthoni Njoroge" gets wazua as the top link! Inakaa wazuzu is frequently crawled by google...
Form is temporary, class is permanent
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muganda
#16 Posted : Thursday, February 04, 2010 2:04:22 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
@anasazi perhaps you should try Lucy Njoroge.
@gathinga just one man's view having looked at the company from afar for awhile, chatted to some old staff, and one of their largest clients.
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  | | Edit by user: Thursday, February 04, 2010 2:05 PM | Reason: Not specified
VituVingiSana
#17 Posted : Tuesday, February 09, 2010 7:58:33 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
http://www.businessdaily.../-/q2q1dlz/-/index.html

Finally, Business Daily catches on... ama did they just troll from this Board?

The njoroges got a sweet deal from Access.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#18 Posted : Tuesday, February 09, 2010 8:57:56 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Mmmh, i get my news, information, analysis and opinions from wazua
Life is short. Live passionately.
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mukiha
#19 Posted : Wednesday, February 10, 2010 6:50:11 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
I spoke to a senior manager at AK over the weekend and he was very optimistic about the synergy represented by OpenView.... But he didn't sound knowledgeable about the high price paid for the company
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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VituVingiSana
#20 Posted : Wednesday, February 10, 2010 6:55:12 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
For the 200mn they paid the njoroges (incl his salary+perks for 2 years), AK could have developed those synergies in-house with much less drama!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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