How I lost out investing in Zoom – Peter Obi

Former Governor of Anambra State Governor, Peter Obi, has revealed how he lost out on an opportunity to invest in the popular teleconferencing and online chat services app, Zoom.

He said this at a webinar which held on Saturday.

Obi said the investment was less than 30 cents, an opportunity he should have seized with both hands.

He said, “I was telling someone a few days ago how in 2015 I met people where I have gone to do a program in the US and they came out and told me about the Zoom business that just started. As of that time, it would cost you less than 30 cents to invest in Zoom if I wanted to do so.

“This is because they were telling me about a business proposal and I said this will never happen where we would be in our houses and be doing meetings – it would take some time. Here I am now, being in the house for four months only to do meetings through the same thing.”

The vice presidential candidate of the Peoples Democratic Party in the 2019 election said lack of support of business in Nigeria was killing several dreams and was part of reasons the idea wasn’t worth considering at the time.

He said, “Eventually one of them came to me and said they have been able to get funding from the government and from the bank. I said they were lucky, in my country, nobody would give you any funding for such an idea. You have to bring properties from your mother and father in order to be able to get funding for such. This story you are telling me, I cannot put money behind it talkless of me lending you money as a banker.

Obi said Nigeria was still stuck in the past and it needs to wake up to the realities of time or else, it would be left behind.

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