ArabNet is preparing for a Conference in Cairo! Check out the website for more information: http://arabnet.me/conference/cairo
Cairo Workshop Highlights
The Cairo ArabNet Workshop took place at the AUC Old Campus on December 22, 2010 from 6 to 9 PM and had the highest participation rate of all ArabNet Roadshow Workshops.
8 Speakers presented 4 different panels/sessions on the legal, financial, entrepreneurial, and industry perspectives of a startup.
Interesting Stats
- 500+ attendees
- 8 Speakers
- Wael Fakharany announced that Google Middle East is looking for 4 interns and asked people to submit their CVs
- Average age of the attendees was 23
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Badr El Dien identified the options for starting a company in Cairo
You can't ask for money until yours runs out. Risk all you have
Angel Investors like to see that you tried to build something
The source for early stage fund: 3 Fs, family friends and fools
Know what you know and what you don’t and find people to fill those gaps. Importance of a good board, investors that bring in value
You should watch what is happening and adapt to the local market needs.
Developers write for mobile before web. 20 million people are on the internet in Egypt, 7 million access from mobile [43% growth]
7 million Egyptians access the web through mobile. Mobile is the internet / Internet is Mobile
You should always think of ways to monetize your product. Advertising: not just banner. It's about Creative execution of the idea
Badr El Dien Abd Al Khalek
Attorney at law and the manager of TAG Legal Egypt Office
Legal Perspective
Ahmed El Alfi
Founder & Chairman of Sawari Ventures
Investor Perspective
Walid Bakr
Director at Riyada Enterprise Development
Investor Perspective
Tarek Assaad
Managing Partner at Ideavelopers
Investor Perspective
Ziad W. Aly
Founder & CEO of ALZWAD
Experienced Entrepreneur Perspective
Gamal Selim
Co-founder of Masrawy.com
Experienced Entrepreneur Perspective
Wael Fakharany
Regional Manager for Google in Egypt and North Africa
Business Leader Perspective
Cornelius O´Donnell
Co-founder and CEO of Sarmady
Business Leader Perspective
Karim Khalifa
CEO & Co-Founder at Digital Republic
Business Leader Perspective
