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"Jason Njoku has established himself in the African digital content market by bringing Nollywood (Nigerian cinema) to a global audience.\n\n\n\nIn the process, he has raised over $40m in investment from international VCs, including Tiger Global, Kinnevik, RISE Capital and Canal+.\n\n\n\nThe tech millionaire is the founder and CEO of iROKOTV, a mobile entertainment and internet TV platform that’s particularly popular for its impressive catalogue of African ‘Nollywood’ movies.\n\n\n\n“I built the business from scratch – just me, a computer and three screens in a small room in east London (UK),&quot; he said.\n\n\n\nAfter failed attempts at previous businesses in the UK, Jason returned to Nigeria in 2010 to build relations with local movie producers and acquired content rights for his new startup, iROKOTV.\n\n\n\nJason Njoku, CEO and founder of iROKO TV. Pic Credit:techgistafrica.com\n\n\n\nAccording to Smallstarter, Jason’s business would not have been possible without the £90,000 ($114,000) contribution of his friend and business partner, Sebastian.\n\n\n\nThe business has since grown and attracted up to $40 million in investment funding from foreign investors, particularly, venture capital investors.\n\n\n\nDescribed by Forbes Magazine as “the Netflix of Africa”, iROKOTV raised $19 million in additional funding to expand its business into Francophone countries in Africa in January 2016.\n\n\n\nSince its launch in 2010, it has amassed the world&#039;s largest online Nollywood content catalogue. It is one of Africa’s largest internet TV providers, with a dedicated mobile app, IROKOtv, as well as, ROK TV channels on Sky in the UK and DStv across Africa.\n\n\n\nIt also produces its own original TV series and movies. For a company producing startling content in the linear TV market, Jason gives the credit to his wife, Mary Njoku, who spearheaded his remarkable achievement.\n\n\n\nPic Credit:lindaikejisblog.com\n\n\n\nIn 2013, Njoku was crowned as the CNBC Africa West Africa Young Business Leader and in 2014, he was recognized as one of Fast Company&#039;s Top 1000 Most Creative People in Business.\n\n\n\nJason is a graduate of chemistry from the University of Manchester. He is adding value and boosting the Nigerian tech ecosystem in a number of ways, one of them being SPARK.\n\n\n\nSPARK is an initiative that invests in innovative technology within the African continent. It is currently supporting some start-ups, including Hotels.ng, Drinks.ng, Foto, ToLet.com.ng, Ogavenue, Paystack and Medsaf.\n\n\n\n“I &#039;failed&#039; at entrepreneurship 10 times before iROKO. I had no Hollywood, rose-tinted view of what entrepreneurship was or should be. When I was failing, I assumed that once you “made it” then everything else would be easy. That you could sit back a bit, take a breath and enjoy what you have. Now I know this isn’t the case.” \n\n\n\n&quot;Starting a business, and getting some traction, is tough. Brutal. No doubt about that. But scaling and building, and seeing off incumbents, while juggling a team, investors, all the while trying to grow, it’s tougher still”, he told Africa Business Insight."
<https://face2faceafrica.com/article/failing-10-times-in-business-jason-njoku-beat-the-odds-to-create-africas-own-netflix>