You're right on that. $11m is literally pocket change for what they're trying to build. The real issue? They just can't wait long enough to make it work.

That's the thing about building in emerging markets—when you're dealing with economic hardship like in Nigeria, founders burn out before they can actually see their vision through. It's a brutal reality. The lack of runway combined with financial pressure from their own situation? That's enough to kill even solid projects before they get a real shot.