Digital Nomads: This 3x founder lost $18 million building a pan-African content sharing platform
- Osita Oparaugo founded Ogelle in 2019 to promote African languages and culture through content sharing.
- Oparaugo lost $18 million in the process of building Ogelle, which faced significant market challenges.
- Ogelle attracted a roster of creators but struggled with competition from global platforms like YouTube.
Oparaugo's journey highlights the complexities of building a business in Africa's digital landscape, where local support and understanding of market dynamics are crucial. His resilience and willingness to pivot demonstrate a valuable lesson for entrepreneurs facing similar challenges. The focus on education and talent development through GetBundi and Doballi is commendable and could significantly impact Africa's future workforce.
