I read this great post on Chao’s blog. I was to leave this as a comment on the post, but it got too long. So I decided to post my thoughts here.

First, I think the word tech is rapidly losing any nuance it has. When you look at Twiga, Eneza and Sendy, while each may be said to be a tech company, what they really are are: an agricultural, education and logistics company. What makes them similiar is that they were built with tech first in mind; it is at their very core. However, every company these days uses tech in some way or another, they can’t afford not to.

How the Middle Class Lifestyle Became Unaffordable If you want to understand where the economy is headed and why it’s there, you need to read this. Seriously though, I need to move out of the middle class as soon as possible.

Why have the costs of a middle class lifestyle soared while income has stagnated? Though it is tempting to finger one ideologically convenient cause or another, there are four structural causes to this long-term trend: