|
We will be hosting a series of open sessions with industry experts where you have the chance to ask questions. The top 3 to 5 questions/topics will answered in a blog post and on the Q&A platform. We hope to repeat this enough times to get all your questions answered. !!!Update!!! : Answers to your questions are now available in this blog post We'll start our first "Ask the expert" series with a venture capitalist. We are fortunate to have Ziad Sultan from Longworth Venture Partners join us on this one. Once we gather your questions we will then pick the top 3-5 topics and Ziad will address them in a blog post. We will also mirror those on the Q&A platform so they are easily accessible. Questions will be closed one week from today. Here is how you can ask your questions:
We will close the questions down in exactly one week so be sure to have your questions in asap. Oh, and don't be afraid to ask tough questions :) |
|
For investors or VCs to support any project there should be:
So, do I have to have a fully business and tech plan for X months? how many months? what the plan covers (i.e. milestones, money, team)? and also the same goes for implementation, do I have to have a fully working app, a prototype or just a small demo? |
|
What are some differences between raising VC funds in the Middle East and GCC versus doing the same in Silicon Valley? (For example: minimum amounts for series A, timelines, termsheets, etc...) |
|
Would a US based VC fund a startup within the Middle East tackling a global web-based product with global audience? |
|
How should I approach a VC and what should I have ready as documents to send him ? |
|
What are the most common mistakes you have seen when entrepreneurs pitch you? |
|
هل الإنجليزية شرط لممارسة ريادة الأعمال؟ أغلب المصادر متوفرة فقط بالانجليزية. وهو ما يتطلب من الريادي الكثير من الجهد لتجاوز بعض الصعوبات. لا بأس بهذا. يمكن التعايش قليلا مع هذه المشكلة. لكن ماذا بخصوص التمويل؟ نعلم، كثير من المشاريع الناشئة تتطلب في وقت معين، الحصول على تمويل من مستثمرين خارجيين لأجل عمليات توسعية معينة. لكن العائق هنا هو ندرة المستثمرين العرب، وحتى المتوفر منهم لا يكاد يتحدث بكلمة بالعربية. فكيف سيتواصل هذا الريادي مع شركات التمويل؟ أليس من "الغباء" فشل مشروع ناشئ عربي موجه حصرا للعرب، بسبب أن مؤسسه لا يجبد الانجليزية كفاية للتواصل مع المستثمرين؟ |
|
How important is a experience for entrepreneurs that are pitching ? Do you want them to be experienced in building companies,what about corporate jobs or fresh grads ? |
|
What does a VC look most into in a startup, knowing that it's based in the MENA. Of course it does make a difference if it's not based in SV, but what would make that up? |
|
I have an idea, i have skills but i haven't money What's the best strategy to get started ? |
|
How important is it to have an exit strategy when pitching to a VC? |
Answers to your questions are now available in the following blog post http://www.yallastartup.org/blog/2010/02/08/the-vc-answers-raising-venture-capital-advice-for-mena-entrepreneurs/