Fish Tank: Vendy CEO Thinks He Can Beat Jiji & Jumia

[@drblaiz-z2t]

I schooled with this young man in highschool,am proud that he's still focusing on his innovative skills.

[@startupsoko]

Davis is a champ! Smart guy for sure, we are excited to see what the future holds for him.

[@KAIZORIANEMPIRE]

this isn't really innovative lol these e commerce places and app templates exists... ebay is an example lol. This is just ebay but for kenya lol.

[@stevefirsake899]

Marketing Vs innovation are different things. Being a techie does not mean you are a marketing genius

[@Manuel-langat]

@@stevefirsake899 You can innovate and get a marketing team, you don't have to stress yourself beyond your capabilities

[@itskrox-johnochuro]

You have no idea how educational this engagement was! Fascinating

[@blackorwa]

Cheers!!!

[@raphthepoet3621]

as an architect watching this reminded me of our studio crits back in school where the profs would shoot down our ambiguous ideas respectively like you guys are doing and suggest very constructive options, I would watch 5 hrs of this comfortably....bravo👌👌👌👌

[@startupsoko]

Asante! Don't dare us to record a 5 hour podcast, because we can.

[@Blackrose-or7fy]

most insightful pitching discussion out there. Totally a blast to listen to

[@blackorwa]

Cheers!!!

[@techbro_ace]

Fantastic show. Keep them coming. This young blood needs to keep going. He should take on board the panels advice and pivot where necessary.

[@NyotaGuru]

Wangari: I've gotten some good stuff from Jiji.. Chris: Worn out seats? 😂😂

[@startupsoko]

😂😂😂😂😂

[@blackorwa]

😅😅😅😅😅😅

[@jameskinuthia4311]

Truth be told, this was very engaging and absolutely informative looking forward for more.

[@startupsoko]

Thanks

[@davidamunga_]

Interesting insights here. Direct Call/SMS is and has always been the ultimate competition. Thats why Jiji works. Social e-commerce is growing and accessible but still the ultimate competition is Direct Call/SMS. Its very weird to observe but the only way to thrive is something that supports and rides on Direct Call but not replace it. Very tough but insightful discussion. Kudos guys 👏

[@asifiweebenezer3166]

I need harsh critics like these. Starting on my startup. Lot's of love from Uganda.

[@h3nrykorir]

This is the best feedback about the business. He should go and sit down and analyse these feedbacks and restrategize.

[@startupsoko]

Thanks for watching more to come.

[@allantelaa]

I like your set up, I one day would like to be scrutinized in the same way so that I may see my business in three D

[@blackorwa]

Sign up today! forms.gle/xKHY3UWdsbzCZABY8

[@antonyassila7947]

this Vendy CEO is a jack of trades, guy is improvising on the go

[@josephchege9572]

😂😂😂

[@maryannndungu1503]

Ideas zinaflow tu on the go

[@richiembatiah5013]

😂😅😅Nkt True dat, characteristics za msee anaeza kuuzia hadi rocket🚀

[@eddyfranc]

🤣🤣

[@lordofshorts777]

Chris and Wangari are the best combination to ever happen in kenyan podcast scene😁. Leteni Benjamin Fernandes wa Nala pay🙏

[@startupsoko]

Asante! Tutajaribu na Benjamin Fernandes

[@victrixx]

Lesson learnt: Simplicity is key.

[@_denniskibet]

He is very knowledgeable, msee amesiamama one hour though😂

[@SusanNyambura-s4y]

Jumia is billions in debt, e-commerce is a tough business

[@AutunmBlossom]

MAY YOUR VISION COME ALIVE

[@antonyassila7947]

meehn this guy is hilarious🤣🤣🤣 he should come back again

[@michaelomondi-gq5yh]

Tip #1 - you might not want to let your competitor know you have them in your sights - you should move in silence

[@KAIZORIANEMPIRE]

I DISAGREE, business isn'#t about your ideas it's about your grit and peopel you work with. Any idea can be made good but not all good ideas can be made to work if wrong peopel are in your partnerships.

[@BelbinBarasa]

Yah I guess u shouldn't make ur competitors knows,he is right

[@king_klek]

This is the best Kenyan Shark tank i have watched in Years. 1. Local business owners we know 2. People who speak without fearing 3. We need @Kaiandkaro to be on the panel cause this is now very educative especially for startups.

[@startupsoko]

Thanks! We will reach out to @kaiandkaro he would actually be an amazing panel member! Thanks for the suggestion

[@gideonsipoi5949]

Great show.Loved it. Learned alot too

[@startupsoko]

Glad it was helpful!

[@sheriasoft8397]

Yoooooh! this is incredible

[@startupsoko]

Thankssss

[@kelvinmatheka8336]

The guy can sell me air and I'll buy😅

[@eddyfranc]

😂😂

[@BruceMatui]

This is the best interview i have ever watched in the startup soko. I hope the founder will go back and write notes on the feedback he has been given.

[@georgeagutu5495]

Key things to point out on e-commerce and marketplace obituaries, most fail due to unending overheads. Server and storage space Website efficiency Warehousing Logistics Staffing Marketing Legal Customer Returns Basically the ever ending scaling which demands an infinite bank account balance for an extended period of time before profitability

[@frankbiita4904]

He was surviving punches untill he said he manages social media accounts for merchants. He lost it there

[@nelsonmandela5057]

Video quality is top-notch 👌

[@samuelkamau1550]

new sub here, enjoyed and learned alot

[@startupsoko]

Karibu

[@renmumbo100]

Very perfect questions from the panel. The CEO should be ready to learn from experts or expect failure.

[@loumjustin7490]

Amazon, facebook, ticktok learnt from who ?

[@renmumbo100]

@@loumjustin7490 Use Google well to answer that. Amazon didn't build all it has in one day! It began as an online bookshop. You can't solve hundreds of problems at once as a start up. You'll fail terribly. Let him follow the panel's advice or fail....hakuna in between...

[@samuelbaseke9697]

StartUp Soko! I love the conversations that happen here

[@Godwinna]

Just started watching from this channel, already got educated 🙏🏼

[@startupsoko]

Karibu, you will enjoy the learning experience

[@wabbzykreations]

wueee, tougher than shark tank, am even having goosebumps on behalf of this guy but in the spirit of comrades, vivaaaaa!!! see me in the next episode but before i come i am pitching to my shosho, my toxic boss, my heartbroken ex, my mum, my friend who cut me off, and anybody so that by the time i come, am armed to the teeth !!!!!

[@blackorwa]

😅😅😅😅

[@leonardshayo7903]

18:58-20:00 The hack of escaping marketplace hall

[@biltriq2332]

Last year around the same We built and launched a marketplace with a friend here in Eldoret , Wueh it didnt go well were both techincal we built the mobile apps for users,vendor and the web, ooh the product was clean or atleast we thought it was. Not to discourage you guys but all the best vendy theres too much to learn about this market its capital intensive, well theres to much buttons to press you need to convince vendors which it self is a big moutain to climb ,then the users.From my experiences no matter how good the product is theres a learning curve to this particular niche.

[@blackorwa]

What's the name and domain of the marketplace you developed?

[@loumjustin7490]

Tatu tech in Uganda is building similar product . Wow i cant belief we have same mind with him this guy. These guys are green about his insights( there is no expert of future, but of the past). I get him 100%.... Just because something is new in concept doesn't mean it wont work . We can not get stuck to old ways of doing things. Elon musk said. . u have to be crazy enough to be misunderstood . Man the future is bright, trust me . We have same instinct but different business model. Ours have 4 target customer. Do not down size.

[@startupsoko]

Welcome team UG🇺🇬 Get in touch with him [e-mail]

[@seanjamesii4315]

when i saw " I CAN BEAT JIJI" I definitely knew this was going to be fire

[@startupsoko]

I mean! I love his conviction

[@Mainneli]

Funny how the person with an actual product was the most professional, handled himself with decorum gave valuable insights all without being condescending. Hao wengine they literally laughed at him every chance they got whilst offering their pedestrian input

[@startupsoko]

Oh learned one 🙌🏾...Please share with him your valuable input. We are just a bunch of nobodies

[@Mainneli]

@@startupsoko you clearly ain't VC's or backed by one so the only mere thing you can do is poke holes and offer criticism the same criticism you can't stomach..... just here clapping back with tantrums

[@blackorwa]

So you seem to know everything about our profiles?

[@darkslyd]

Business is tough he needs their input.

[@abrahampetro]

Well, you could've started by beating the name. FENDI is an existing brand. V for F isn't that crestive. If you couldn't come up with an authentic name, how'd you beat the ecomerce algorithms?

[@BenardKoech]

Very informative conversation. Got to learn some few aspects from the panel and the guy, the dos and don'ts?

[@VinceMatinde]

I have laughed and I have cried! Wueh! I can't appear before Chris... hehehe

[@blackorwa]

LOL. Fear nothing

[@VinceMatinde]

Hahaha. You should have an anonymous business submission from your audience and then one of you defends the idea while the rest poke holes and let the people also vote in the end. Maybe that one I'd push my idea... Hii ya microphone ikae... 😂😂😂

[@Godwinna]

Am working on a startup ,how can I get in?

[@startupsoko]

Please apply via this link - forms.gle/TkNFa3Ch17dbjCDc8

[@_wawiny]

Can't find a valid link to this company, can such be added to the show notes?

[@startupsoko]

Done (insert Dennis Ombachi's voice)

[@eunicegithaiga221]

When he pitched his idea.. I just saw killimall.. Killimall does this..

[@startupsoko]

This is true! We believe he is onto something, he needs more focus.

[@cromwellrocks4514]

How can i get in touch with him .....does he have social media?

[@startupsoko]

[e-mail] - here you go

[@atomikibrahim]

I think the fellow is phenomenal, and I'd rather see the product in action than hear the back-and-forth. I like that he is hell-bent for his idea; It's a lot of work, but the problem to me is that many don't want to do 'a lot ' of work.

[@joramjefferson]

great show 😂😂😂😂 this was really nice

[@frankbiita4904]

People think the panel was tough but thats how it should be. We miss this kind of panel in Tanzania. We have horrible startups

[@blackorwa]

Amen!

[@davidmbatha5086]

A very interesting and insightful one. Think I should appear on this panel with my to have it reviewed 😀, nikipata nawaste time I go for the other option ya kuishia Mwea ukulima

[@chrispinndeze7205]

The guy in white is giving good advices

[@osbon_]

wait that guy has been standing for one hour straight thats crazy

[@mapepe2011]

It was clear that the young man is rather naive about the startup ecosystem, you all knew that. what was the idea of bringing him on board? to shame him? to advise him? to get him investors? why exactly did you bring this young man on stage? it is a pain to watch

[@RideReelsHub]

He left the panel with knowledge.. It's all about learning. On the pain that you felt while watching,just keep it to your pocket.(In business we use logic Not feelings)

[@startupsoko]

Koech applied to be part of this series and we have a selection process and the purpose of fish tank to help very early stage inexperienced founders refine their business idea. He got great insights and feedback from the panel. If he takes on the feedback he may be on to something, we are excited to see his progress.

[@BelbinBarasa]

Cris should be abit gentle to that young man he is just sharing his idea but your discouraging him,,the least you should do is to wish him the best

[@startupsoko]

Bro do you think customers or investors will be gentle to Koech? Chris is not being mean, his being very honest to him. Also, Koech is doing just fine, he has the right tenacity.

[@Bandit-u3u]

It seemed to be a bloodsport at certain times. But bro's model is too complicated to be scalable. No usp . Brutal 😒

[@vincentkuria1215]

I think this is a smart guy but should first focus on his business model and his go to market strategy, should also stop assuming but use real data because a 5000 fee cant handle all those things for a full month for a startup

[@t-shirtguy]

woooow, as a dev, what can I say? 😂😂😂

[@NaftaliBudamba]

def SaySomething(watched_video, own_opinion): comment = "I watched the video '{}' and here's my opinion: {}".format(watched_video, own_opinion) return comment

[@anselmos_brain]

😂

[@johnmusyoki3786]

@@anselmos_brain 😅😅😅

[@t-shirtguy]

@@NaftaliBudamba haha...good one bro

[@dennohpeter]

@@NaftaliBudamba test your code

[@kingbensonn]

is this business advisory or criticism or investors platform?

[@startupsoko]

@@kingbensonn all the above

[@cavallis9140]

What are the profiles and worth of this. Two guys and lady with microphones? What is happening here? Someone make me understand.

[@startupsoko]

We are nobodies.

[@watuwatech]

Where can we find this guy ?

[@startupsoko]

Sure. Here you go [e-mail]

[@lusikewinnie9230]

He has a vision

[@watuwatech]

@@lusikewinnie9230 Yes

[@young_speculator9144]

chris is like nicholas taleb without the talent and millions.

[@blackorwa]

I hear Mr. Useless

[@KAIZORIANEMPIRE]

bro is asked "how will you make the marketting for these people" he doesn't answer lol. Btw i will be reacting on my live stream about this video and some others, i will give rights to you, i hope that is fine

[@blackorwa]

That's okay

[@Blockchain_Master]

I see this guys potential...but he just need to study e-commerce industry and the market and restruction is idea....find someone else's tobe their spoke person....when people dont understand some people dont have personality to explain them self easily they will think they dont know what they are doing

[@Blockchain_Master]

Get the lady point.... Instagram is not a search engine to search products easily...Mr Instagram

[@lusikewinnie9230]

Trust me you are so mean,it's always good to hear the idea first,is like what you people were doing is pin him down. We all need to start from somewhere

[@startupsoko]

Well, we listened to his idea for a whole hour and a half. The feedback the panel gave was objective and honest. More importantly, the start-up scene is brutal, founders need to know that the onus is on them to validate their ideas. Moreover, the founder did not find any of the panel's comments as mean he actually enjoyed the experience, so speak for yourself.

[@blackorwa]

Critical feedback is important

[@jameskinuthia4311]

This was positive criticism am sure the young entrepreneur came out of this more enlightened and truth be told he is also quite knowledgeable.

[@t-shirtguy]

btw, Davis Koech alikua amesimama all that long ama kiti haiko kwa shot?

[@startupsoko]

Imagine alikua amesimama the whole time

[@t-shirtguy]

@@startupsoko haha....weeuh

[@startupsoko]

Unaweza donate kiti

[@patrickmaina715]

There have been soooo many startups like M-Farm that tried to link farmers and buyers. They always fail.

[@startupsoko]

Definitely a tough business, and the success rate in Africa is pretty low so far.

[@ObsessedJunkie]

This guy just wanted to appear on the channel, guy doesn't understand his business. Best comedy show ever... Let me tell you something😂😂😂

[@seanjamesii4315]

he understands his business very well. How to pitch his idea is where is kinda sketchy.

[@StephenMumbwani]

this guy is still on the theory part of the business. I have been on that very sport and listening to this I now know how I failed. if this guy has the right attitued he has been gine insight in to what he needs to work on

[@DjcrysysGospel]

AWA NDIO WANAPEANA PESA AMA wako hapa ku argue on behalf of the rich guys

[@startupsoko]

Hapana hapa hatupeani pesa just feedback on the ideas and how they can improve on it.

[@blackorwa]

We are broke guys yapping

[@MrX-vz1kp]

Hahaha naona anapumua bado, Chris kanyaga shingo kabisa🤣🤣🤣🤣Anywho, as a founder myself, I kinda feel for the guy, people can tear your ass up, kwanza when you're starting, you sort of need that delulu to keep pushing. Msimpike sana! haha. Bill Gates once said that if he was reasonable and thought of the then titans like IBM, he would surely have not started Microsoft.

[@startupsoko]

Well said, at Startup Soko, we aim to give you the world's perspective of your idea, the goal is to get honest feedback to improve your idea and not to give up on your aspirations as a founder. Please feel free to sign up for the show using the link in the description pia wewe ukanyangwe shingo kidogo.

[@MrX-vz1kp]

@@startupsoko haha mimi and my small heart, I'd be balling my eyes out but, I promise I'll sign up on the 20th episode (this is to also mke sure the series keeps going)..hehe.. I really enjoyed this episode and the series, and I think it'll be one of the biggest start-up channels in Kenya by the end of the year. Nice Work!

[@BelbinBarasa]

Guys be positive about young people idea,,just give that man enough time,,I promise you will celebrate him as the legend in few years to come and you will be surprised

[@stevedimba767]

I have rewatch this episode couple of times.. Now am ready to present @Klinik Telehealth to the panel & especially @Chris ❤, have already applied 🙏

[@blackorwa]

Cheers!!!

[@n.n.572]

Great ambition but he needs to refine his idea more. Ideally start small, learn as you scale.

[@young_speculator9144]

chris you're not taking the girl to dubai on the 1st date, brokie? look at wangari's disappointment when you said that. 01:10:17 smh let's get a panelist who's talking that isht and actually making some money

[@blackorwa]

LOL. You need a life.

[@KAIZORIANEMPIRE]

iT'S Funny bro just wants to bring amazon store or ebay in africa. This is pretty basic and not innovation but if done right it will improve kenyan businessess especialy small online venders.

[@amoskariuki338]

Socialcommerce is the future. Whoever cracks will mine gold. I hope i get there first 😅😅😅

[@startupsoko]

Shiquo wa hi style is definitely getting close

[@amoskariuki338]

@startupsoko she is somewhere but not so close.

[@amoskariuki338]

But I have learnt a lot from her. She confirmed the many doubts I had.

[@derekranda250]

Good show. Consider finding another name other than the fish tank. You don't want everyone calling you the Shark Tank clone. Start Up Soko will do just fine or whatever else you got. Also let viewers know the goal of the video. Are you guys VCs and he's seeking funds from you? Or are you just giving him constructive ctiticism?

[@startupsoko]

Thanks! Good questions :) When the production team was thinking about how to do this we needed to be really honest with ourselves: 1. We are not sharks, we are fish - maybe piranha's. We are okay to be called knock-off's of Shark Tank because tukiomoka that is what we want to be. 2. There are many innovators/ideas in campus or coming out of campus who are just looking for advice to help steer their idea in the right direction .They are not looking for funding yet. Very very few VC's, accelerators etc will give these "inexperienced" founders the time of day. 3. We are not a VC - Tumesota . Money not the only way to add value . We do the work of understanding your idea and curating a panel who can give you feedback. 4. We understand the power of quality production to attract viewers to view our content which leads anyone who is pitching to get even more diverse feedback from viewers and it is a marketing opportunity the founders pitching. Sometimes a viewer may invest in the idea or even mentor the founder. 5. We aim to educate and entertain I hope this helps!

[@austinekrash]

he should focus on one simple idea and make it work

[@startupsoko]

💯

[@Holysimba21]

This guy is so delusional his illusions look realistic 😂

[@itsnickbett]

OK, this was very hard to watch. Maybe the guy needs some little help to build on his idea but this panel is being extremely unpleasant. There are so many people with brilliant ideas and they need some little help to get them there, they could use some objective feedback. But the panel is talking the poor guy down, nothing constructive at all. Telling the guy to drink whiskey and take the domain down? LOL! I wonder what the aim of this show is. Hope it's not tearing people down for views. Sad.

[@startupsoko]

Bro, did you watch the whole episode ama just the trailer ?

[@lusikewinnie9230]

Am glad we fall on the same page,may be next time, they should give exclusive ideas on how to progress, most especially Chris,damn it he doesn't have something valuable to say

[@blackorwa]

​@@lusikewinnie9230 I am afraid I can't stand bad ideas.

[@darkslyd]

They are preparing him for the real world. It needs a thick skin.

[@young_speculator9144]

chris is way too jaded and shooting the kid down at every turn. chris, you are the final form of jaded techbro. that delivery has too much jade on it. the critiques are funny though (funny like haha funny)

[@blackorwa]

Jaded or not, it doesn't change the facts.

[@BelbinBarasa]

''Go home buy a whiskey''was that necessary''yo guys can do better than that ,you should perfect yong people's idea not discouraging them ,,criss is just a negative person ,change karma is real

[@blackorwa]

Ideas needs to withstand any criticism

[@kevinbiwott9301]

The intro to this video is terrible, but the rest of it is wonderful.

[@startupsoko]

Thanks we will delete the intro just for you..

[@henrytheuri2751]

Being an analyst is funny, expert filled with book theories nothing practical and a know it all ego. Listening to chris hysterical laugh pains my ears. This podcast could be something but with this trajectory i expect otherwise. Expecting young guys to appear here to be humiliated with analyst with no successful startup under his belt is low. Why dim the guys light, shooting down every idea and potraying him as minute is sad. Theme the podcast to be about building not destroying. Why is it all doom and gloom, for one to build something esp a startup you got to be cautiously delulu otherwise all this analysis will lead to paralysis. And chris just delete the nonsense replies to some of the comments. The "pick up mtaani guy " You did a good job 💯... Mentor theose behind

[@startupsoko]

Do me a favor please...Gerarahia Mehn.

[@Mainneli]

those two are insufferable.

[@blackorwa]

Bullshit! You've not said anything worth listening to. An idea has to face all criticism if it is to prosper. Do you want the young people to be pampered when their ideas are whack? Bure.

[@blackorwa]

@@Mainneli And you must be miserable.

[@erickmukabana]

the panel is so negative except the lady you cant tell an innovator 'you have already fail,' every idea as innovators are crazy until they start working. There is nothing like i feel like you were wrong, there are no feelings in innovation.

[@oluchukwuughagwu8293]

I already got tired of listening to him at 30 mins. He literally wants to do everything!!!

[@surayasecurities]

Who are these people to comment? What billion dollar startup have they scaled.

[@startupsoko]

Hey thanks for your engagement.These people are professionals who have been in the tech space for a long time.The question is who are you to question their integrity yet the founder found value in their feedback.Please read the title of the show its called "fish tank" if you want billionaire feedback please go to SharkTank. Be constructive and defend his idea with facts and data not feelings.

[@surayasecurities]

@@startupsoko So no billion dollar startup. Fishies??

[@startupsoko]

@@surayasecurities You might just be watching the making of a billion dollar start up 💰

[@KingofZamunda.]

@@startupsoko Orwa written all over this reply!

[@blackorwa]

@@surayasecurities We are nobodies

[@VinceMatinde]

Let me tell you something!!!