#56: Thrive Agric - How the Agriculture platform evolved from crowdfunding to supporting smallholder farmers across Nigeria & Africa

Overview: Today, we’re going to talk about Thrive Agric, the Nigerian Agricultural technology company - we’ll explore Thrive Agric's story across 5 areas: First we'll start with some context about African agriculture Thrive Agric's launch & early history Product & monetization strategy Competitive positioning & potential exit options Overall outlook This episode was recorded on September 25 2022 Companies discussed: Thrive Agric, Apollo Agriculture & FarmCrowdy Business concepts discussed: Agricultural Technology (AgriTech or AgTech), smallholder farmers acquisition strategy, Agriculture financing, Crowdfunding, Agriculture value and supply chains & Debt financing Conversation highlights: (10:41) - Africa Agriculture context (19:38) -  Nigeria Agriculture context  (26:14) - Nigeria crowdfunding backgroun (32:30) - Founders’ background and launch story (46:48) - Fundraising (55:47) - Product and monetization strategy, (1:09:15) - Competition & options for exit (1:19:20) - Bankole’s overall thoughts and outlook (1:24:45) - Olumide’s overall thoughts and outlook (1:32:25) - Recommendations and small wins Olumide’s recommendations & small wins: Interested in investing in Africa Tech with Olumide: Read about Adamantium fund & contact me at [email protected] Founders looking for funding: If you're a B2B founder working on Education, Health, Finance or food, please contact me for funding at [email protected] Recommendation: Jim Rohn - How to change your life video - Incredible. He just drops non-stop knowledge bombs. Remarkable Recommendation: Toucan chrome extension to learn languages Small win: Exercise of writing 50 goals. Brought up a lot of interesting ideas. Shout to Alan Donegan for facilitating this Other content: A Thrive Agric Story. One Farmer at a Time. Bankole’s recommendations & small wins: Recommendation: AI And The Limits Of Language, Lindy Hacker News &  Lying For Money Small win: Strength workouts Other content: Asake - Mr Money with the vibe, ThriveAgricPR - product overview, Leadway Insurance response on Twitter, SEC Nigeria rules on Crowdfunding,  Invest Like The Best - Jeff Jordan & Kevin Systrom on Lex Fridman All episodes on Afrobility.com