Even the most successful investors and serial entrepreneurs regularly debate the question of how ‘entrepreneurship-friendly’ ecosystems flourish. There are no quantifiable metrics to measure the health of an ecosystem, so any attempts to cite a fact to back up the solidity of an ecosystem inherently lacks direct causality. In fact, the concept of a ‘startup ecosystem’ is in itself debatable. What are the basic building blocks for a healthy ecosystem anyway?
My colleague Khaled Talhouni and I attended an investor training course in California to gain a better understanding of how VCs in Silicon Valley operate, how they make their decisions and drive their pipelines, and what their perspective is on investing in emerging markets such as MENA.
Entrepreneurs are a gifted breed of individuals who are insanely busy with a seemingly impossible task.
They must balance a surge of new ideas while trying to capture every opportunity to grow their company and master the art of listening, yet also decipher what a bunch of people are telling them to do (thinking they know what is best for the company).