This piece on Jack Dorsey being named as CEO of Twitter while keeping the CEO reins at Square is pretty poor. How do you give recent examples of folks successfully running multiple companies without discussing what is enabling them to get this done? Yet, you reach back to 1990 to pull out a worst case situation, mention that Elon Musk and Carlos Ghosn say running two companies is hard and one should avoid it, and conclude that Jack isn’t listen to the right advice. The piece should have progressed something like: 1) This is a bad case from years ago. 2) Here are some more recent cases and reasons why they avoided the bad case from years ago. 3) This is really hard and not advisable for most. Since Jack is going forward with this, this is what he should consider.
Growing up, my dad often talked about the unappreciated genius of artisans in Ghana. Ory Okolloh Mwangi and Bobby Pittman, among others have touted the huge potential of the creative industry across Africa. This piece discusses the Rwanda government’s efforts to invest in its creative industry with the help of the Swedes. In the mean time, check out Oxosi – a startup bringing high-end African fashion to the US. It should be launching soon.
Here’s some interesting analysis of greenfield investments in Africa still being led by the western countries. On the other side of Africa-bound FDI, here is an interesting report from the Financial Times’ Africa Summit on how African countries will deal with depressed currencies, China’s slowing, and falling commodity prices (I saw $1.90 gas the other day, and my heart fluttered).