Terra Industries Faces Backlash Over Foreign Defense Tech Funding
Social media posts debate Terra Industries' choice to seek foreign funding for its drone work.
Posts from Nigerian users criticize Terra Industries founders for raising capital outside the country. One calls it selling their soul to the devil. Others defend the move, noting local investors avoid hardware and defense projects and prefer fintech. Several state that founders building critical technology should seek outside funding first because Nigerian backers do not support such efforts. One reply points to another drone startup in Enugu as an alternative for local support.
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7 posts, first seen 5d ago
Terra Industries Faces Backlash Over Foreign Defense Tech Funding
Social media posts debate Terra Industries' choice to seek foreign funding for its drone work.
Posts from Nigerian users criticize Terra Industries founders for raising capital outside the country. One calls it selling their soul to the devil. Others defend the move, noting local investors avoid hardware and defense projects and prefer fintech. Several state that founders building critical technology should seek outside funding first because Nigerian backers do not support such efforts. One reply points to another drone startup in Enugu as an alternative for local support.
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6 postsO| 
Orah || Notion Consultant@SirHaroMaybe so, but then why turn around to start acting entitled when the thing finally becomes successful? If they didn't believe in the startup at its worst, then the same energy should be maintained when things get good If they want a piece of the pie, they should wait for an…
CH Chuks@ChuksSzn@0xdarlington You are absolutely right, I feel it’s stupid to blame them, they could not get investment here so they had to look else where. Their idea would have die if they waited for local investors.
T🇳🇬 Tega 🇳🇬@__tega__@SemudaraAbayomi Exactly my thoughts. We always want to bish about those who are already successful but never willing to fund the start. Not even willing to put money when it's successful, only mouth and hot takes.
K0 K00ss||ss00@godonly1@chinedu_10 So, getting funded by a genocidal surveillance entity is now considered acceptable? you’d better be ready when the time comes.
SO Somkene@RichardSomkene@TheObiLeonard "They only invest when it's popular to do so" Absolutely right
S🇳🇬 Smol 🇳🇬 || cocoyam advocate@Workenjoyer1985@0xdarlington I agree with this.