The Entrepreneurs Weekly
No Result
View All Result
Tuesday, December 5, 2023
  • Login
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
Subscribe
The Entrepreneurs Weekly
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
No Result
View All Result
The Entrepreneurs Weekly
No Result
View All Result
Home ENTREPRENEURSHIP

Tips For Entrepreneurs From Saudi Arabia-Based Venture Capital Firm Raed Ventures | Entrepreneur

by Brand Post
March 21, 2023
in ENTREPRENEURSHIP
0
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Opinions expressed by Entrepreneur contributors are their own.

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Raed Ventures is the first private venture capital (VC) firm established in Saudi Arabia, and it has positioned itself to partner with exceptional founders who are building transformative companies in the MENA region.

Raed Ventures was first founded in Riyadh by the three founding partners: Omar Almajdouie, Saed Nashef, and Talal Alasmari. Since its inception in 2015, Raed has quickly established itself as a leading player in the MENA startup ecosystem, and it has invested in 39 portfolio companies.

20 of its 39 portfolio companies are based in Saudi Arabia, making it one of the most active investors in the Saudi startup ecosystem. Although the firm has had five successful exits to date, it has yet to see any exits from its Saudi startup roster. However, Raed Ventures is optimistic about the future, and believes that it’s just a matter of time.

Now, if you’re looking to launch a startup in the future, take note- here are Raed Ventures’ top tips for entrepreneurs:

  • Choose a co-founder who compliments you professionally, and, ideally, personality-wise. It’s important to have mutual harmony between co-founders.
  • Customer-centric strategies are more likely to make you a market winner.
  • Only spend growth money after you are satisfied with the level of product-market fit.

Learn more about the most prominent investors in Saudi Arabia’s startup ecosystem by checking out the report, The Evolution of Saudi Arabia’s Startup Ecosystem 2010-2022.

This article was originally published on Lucidity Insights, a partner of Entrepreneur Middle East in developing special reports on the Middle East and Africa’s tech and entrepreneurial ecosystems.



Source link

Tags: ArabiaBasedCapitalentrepreneurEntrepreneursFirmRaedSaudiSaudi ArabiaStarting a BusinessThe Evolution of the KSA Startup Ecosystem | A Wa'ed Ventures ReportTipsVentureVenture CapitalVentures
  • Trending
  • Comments
  • Latest
Amir Kenzo

Meet Amir Kenzo: A Well Known Musical Artist From Iran.

August 21, 2022

Crypto Platform Accidentally Gives Woman $10.5M Deposit

August 31, 2022

Why Leaders Need to Create a Health-Driven Work Culture

August 31, 2022

How My Real Estate Mentor Saved Me From a $32,000 Rookie Mistake

August 31, 2022
Augmented.City

Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

0
A pedestrian walks by the U.S. Supreme Court building in Washington, U.S. March 15, 2022.

U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

0
GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin 'Could never have Invaded'

GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

0
Brad Winget

Brad Winget’s Tips and Tricks on Having a Career in Real Estate

0

3 Ways to Navigate the Journey from Entrepreneur to CEO | Entrepreneur

December 5, 2023

How to Preserve and Evolve Workplace Culture Amidst Change Management | Entrepreneur

December 5, 2023

Franchise vs. Independent Business? 12 Experts Weigh the Options | Entrepreneur

December 5, 2023

3 SMS Trends Businesses Must Know to Succeed in 2024 | Entrepreneur

December 5, 2023
No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
  • Business

Copyright © 2022 - The Entrepreneurs Weekly by Services4Websites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In