Nigerian technology entrepreneur, Muili Seun has sold his student networking app, named Gocampus To Indian Tech Guru Vickram Sybri.
The young Nigerian sold the thriving campus networking platform, which successfully connects College students on campuses and had garnered over 370,000 users across three countries in just four months after negotiating the sale, marking a significant milestone in his entrepreneurial journey.
GoCampus quickly gained popularity among college students, revolutionizing interactions. The platform was said to serve as a virtual hub for students to engage in meaningful conversations, exchange ideas, and foster valuable connections due to its interface and unique features.
However, due to limitations in the platform’s infrastructure, it experiences occasional downtime during periods of high traffic and activity.
Recognising the need for a more robust infrastructure to support GoCampus and its growing user base, Muili made the difficult decision to sell off the platform.
Seun eventually sold GoCampus for a sum of $71,000 USD.
While the financial aspect is significant, the primary motivation behind the sale was to ensure that GoCampus could continue to thrive under the guidance of a technologically advanced team.
Speaking on the development, Muili Seun stated that, “It was a difficult decision to part ways with GoCampus, but I wanted to ensure its continued success and growth. The platform faced challenges due to infrastructure limitations, resulting in occasional downtime during peak periods. By selling the platform to an established tech guru, I am confident that the platform will receive the necessary support and resources to overcome these obstacles.”
Seun expressed gratitude to the entire GoCampus community for their unwavering support throughout the platform’s journey. He expressed his sincere appreciation, saying, “I want to express my heartfelt gratitude to the users of GoCampus who embraced the platform and made it what it is today. Your enthusiasm and engagement have been the driving force behind GoCampus, and I am confident that its future is bright.”