Flutterwave co-founder Iyinoluwa Aboyeji has sparked debate after claiming that investing is “for lazy people” and that he prefers building businesses himself.
Speaking on the Afropolitan Podcast, Aboyeji said he has never heard of Elon Musk “really investing in anything,” arguing that the world’s most successful entrepreneurs built companies rather than investing in other people’s ventures.
He said his experience investing in other founders produced “shaky” results, adding that the problems he wants to solve are “too important for a bunch of founders who just want to ride the big car and japa.” He concluded: “If you can help build, why don’t you just build?” Critics pointed out that his own business grew because of investors.
Key Points:
Aboyeji argues that building businesses is better than investing in others
He cited Elon Musk as an example of a builder, not an investor
His experience investing in other founders produced “shaky” results
Critics highlight the irony that his own business grew through investors
The statement has generated significant debate about wealth creation models
Aboyeji is shifting toward building and operating businesses directly rather than merely investing. The debate over building versus investing continues to divide opinions.
Sources: Afropolitan Podcast
