Streams Of Progress

STEP2018 - Elissa Freiha, WOMENA

Informações:

Sinopsis

Show Takeaways:On how the MENA startup ecosystem has evolved over the last few years… Angel groups and accelerators have greatly evolved from what they were before; investors are more active with startups and the market education has occurred. We have moved beyond some of the initial just ‘talk’ around investments and the overall scene is more active.On where the MENA startup ecosystem is heading next…The next step is focus – early on we saw a lot more ideation, but now it’s about creation and implementation of strategy. Lead angels of years ago are now heading VCs and we have more niche/industry focused approaches towards portfolios. Rather than external consultants assisting the ecosystem, entrepreneurs are starting to give backOn how Angel Investors in the region can improve…Angel investors need to learn to trust the entrepreneurs, trust the ecosystem and community around them. New investors aren’t comfortable investing after 20 minute coffees and funding rounds at Seed and Series