providing solutions to challenges of the 21st century
Adebayo Alonge emphasizes the importance of discipline in fundraising for startups, highlighting three common mistakes founders make. He advocates treating fundraising as a continuous process, leveraging warm networks for introductions, and focusing on customer revenue as the best pitch. Founders should know when to walk away from unproductive investor engagements.
The future of AI relies on small, precise models used at the edge, as highlighted by IEEE Spectrum. These models, like the RxScanner Lite, are crucial for providing services in areas with limited resources. With the potential to transform healthcare and agriculture, small AI may reach more people than larger models, despite underlying infrastructure challenges.
Poverty is the worst form of violence." — Mahatma Gandhi In May 2026, a mathematics teacher named Michael Oyedokun was murdered in rural Nigeria. He was pulled from a school. He taught algebra and geometry — the precise disciplines that nations like China and India elevated to strategic national priority, building export-driven economies that lifted … Continue reading When 95% of Entrepreneurs Cannot Access Capital, You Do Not Have an Economy — You Have a Lottery
Hernando de Soto argues that the global credit system fails to serve the vast majority of entrepreneurs due to outdated risk measurement models. StorsApp addresses this by utilizing alternative data for credit assessments, achieving a zero default rate. The company has pivoted to focus on cross-border payments and trade finance, facilitating access to international markets for small businesses in developing regions.
Cold chain failures cost the world $35 billion annually, wasting up to 50% of vaccines and contributing to significant food loss. This issue arises not from a lack of technology, but from misdirected investments favoring developed markets. Solutions include decentralized solar-powered units and integrated models serving both health and agriculture, emphasizing necessity over luxury in healthcare infrastructure.
The author, a graduate of prestigious Ivy League institutions, argues that elite credentials should be viewed as keys to opportunities rather than endpoints. He criticizes modern graduates for failing to leverage their education by settling for comfort and safety instead of pursuing meaningful work and challenging norms. Emphasis is placed on remaining active and engaged in impactful endeavors.
The author challenges the notion that speed and distance are opposites, advocating for a unified approach to tackling systemic issues like counterfeit drugs, financial exclusion, and energy poverty. By sharing resources across ventures, the author demonstrates how diverse projects can coexist under a single trust architecture, leading to significant impact and financial success.
In 2016, Adebayo Alonge founded RxAll, initially developing an AI-powered spectrometer to combat counterfeit medications. Despite early struggles, a pivot during COVID-19 turned RxAll into a comprehensive pharmacy workflow platform, enhancing success and profitability. By addressing pharmacies' operational needs, adoption surged from 5% to 92%, solidifying their market presence.
The reflection on Jacqueline Novogratz's The Blue Sweater critiques the development industry's approach to poverty, highlighting its failure to acknowledge cultural exploitation and privilege dynamics. While it values moral imagination and distributed leadership, it emphasizes that true poverty requires more than market solutions; it needs cultural change alongside economic intervention for effective alleviation.
RxAll has been featured in a case study by EM Normandie Business School, showcasing its evolution from a concept to a digital health platform revolutionizing African pharmacies. Founded in 2016 due to counterfeit drug experiences, RxAll now serves over 5,000 pharmacies. The journey emphasizes resilience, teamwork, and community support.
