WHAT PREDICTIONS DO YOU HAVE FOR THE NEXT COUPLE OF YEARS? FARES GHANDOUR I PARTNER I WAMDA CAPITAL WALID HANNA I CEO I MEVP OMAR SATI I MANAGING DIRECTOR I DASH VENTURES NAMEK ZU'BI I MANAGING PARTNER I SILICON BADIA JASSIM ALHAROON I MANAGING PARTNER I
Fintech will continue to approach center-stage for many investors. We'll also likely get an exit above $1B, another 2 above $100M, and a few smaller ones here and there as well. Saudi will continue to open up for foreign businesses and the amount of finan
The bourgeoning regional VC landscape and the increased activity of regional funds investing internationally, are expected to elevate the region’s visibility and exposure as a genuine innovation hub as well as further fuel the startup scene, particularly, entrepreneurial initiatives. Based on our opportunity database and pipeline this year we are seeing more AI, Blockchain and SAAS enabled marketplaces. The space remains early and underdeveloped, yet we expect more of these opportunities to be backed by VC firms in the short-term as monetization methods and commercial applications are more apparent and comprehensive. E-commerce is also making a comeback with a shift towards vertically-integrated, direct-to-consumer online brands where there is full control over the supply chain with more specialized offerings. Finally, we believe there is an opportunity for the region to make it’s mark on the blockchain revolution. Innovation hubs outside of the US, such as China, India, Korea and the UAE, are making significant strides in pushing blockchain forward. We have a real chance to be at the center of this revolution and play a crucial role in the efforts to bring blockchain to the masses.