Nairaland founder, Seun Osewa, acquires StockMarketNigeria.com, sets eyes on more promising websites
As he continues to quietly build an online business empire, founder of Nairaland, the largest African online discussion forum, Seun Osewa, has acquired stockmarketnigeria.com, the largest online forum on stock market discussions.
Although the deal was consummated far back 2012, the self-effacing entrepreneur quietly took over the forum without fanfare. Not even the prying eyes of top technology news blogs caught the acquisition as it was not reported anywhere before now.
In addition to the multi-million naira Nairaland, Seun is also the founder of Nairalist, a classified ad website, although it has been frozen for some time now. Stockmarketnigeria.com makes three Seun’s online internet interests. It is not known whether he has more.
In a chat with this writer, Seun confirmed: “you know, I’m actually interested in buying other websites with bright futures, but only if the price is right.” He also confirmed that the deal cost him N0.4m in 2012.
The serial internet enterpreneur, whom I recently profiled here, looks determined to widen the gap as Nigeria’s King of the Internet.
“you know, I’m actually interested in buying other websites with bright futures, but only if the price is right.”
That sounds like a statement from a value investor, I am sure he must have read intelligent investor by Benjamin Graham.
Lovely! I hope every investor will benefit from this in the long run. More of this.
Seun Osewa is an entrepreneur to the core and a silent one for that matter