Currently, iROKO may be seen as a shadowy figure of its former self, with all sorts of negative publicity being published left, right and center about the firm. The founder and CEO Jason Njoku, in particular, is one man bearing the heaviest loads of all the finger-pointing and blames games being floated around as to why the firm is in its current sad states of affairs.
Njoku in his personal Tumblr opened up and shared his take on what is ailing one of Africa’s poster child of an innovative startup idea. Njoku starts by pointing out that in the last six months, the firm has shifted into a new direction but falls short of giving the specifics.
Njoku also confirmed that the firm has had to let go of some 130 people, 96 of whom being contractors that were brought in recently to work on particular projects. He also argues that the situation iROKO is currently in is something normal for any startup company trying to set up a foothold in the market. Companies like Twitter, Yahoo, Evernote, Snapchat …read more
Read more here:: Jason Njoku Opens Up About The Turbulence Currently Rocking iROKO