This is part of an ongoing series of guest articles about entrepreneurship. If you would like to contribute to this series, contact us at exec@yallastartup.org with your proposal.
It is true that the Arabic web scene is really exciting these days. From big jumbo acquisitions like the Yahoo-Maktoob deal to everyday startups we hear about, a lot of success stories seem to be on their way and everything is happening so fast. At this time, we all need expert advice.
At Hyperlink Podcast, we had a chance to talk to Joi ito, CEO of Creative commons and one of the most influential web entrepreneurs in the world. We talked about entrepreneurship in the Arab world, Creative Commons and Cloud Computing. We hope you enjoy it.
You might have to wait a bit until the player loads below (if you are using Google Chrome click here first):
About Author
Hyperlink Podcast is a weekly show discussing technology, web and social media with a special focus on Arab startups, entrepreneurship scene and web industry. The show tries to cover tech news in a humorous and stylish way in addition to interviewing important names from the industry like TEDxDubai, Google, Creative Commons and many more.
Music by Arena Of Electronic Music, the Synergy vs N.V.R. – Re-Control (A CC Album) - Photo: Wikipedia
It seems investors in the Middle East are currently more interested in internet companies that are already generating a considerable amount of revenue rather than invest in start ups. Surely, having a prototype or a pilot website (such as ours) would make any investment pitch more palatable and re-assure investors about the capabilities of the team behind the venture. It remains to be seen, whether the ecosystem for investment in start ups is going to gather pace in the short term and that this translates in active investment in start ups. It is also very promising that technology VCs are on the increase in the Middle East and we can only hope that the remaining pillars of the ecosystem are in place to get the ball rolling.