startup challenges in egypt presented by businessyard
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startup challenges in EgyptTRANSCRIPT
Startup Challenges in Egypt
“When I am telling people I am doing startup, they don’t know what i’m doing”
©Businessyard 2013
1
What is the biggest challenge you think startups in Egypt face right
now?
©Businessyard 2013 2
It is hard to raise money because we do not have many angel investors who understand startups for early-stage
investments.
©Businessyard 2013 3
It’s difficult to find talent, Good guys want to go to top companies. It’s also not easy to hire because young people want to get a secure job
©Businessyard 2013 4
To find very unique product solution that sets apart from competitors, and
how can you prevent copying?
Right now, the challenge is to create the network of users so even if others copy you, they can’t steal your users
©Businessyard 2013 5
low adoption rate of new ideas compared
to other countries
"Risk-averse personalities"
©Businessyard 2013 6
lengthy and complicated legalities that requires an expert to handle
©Businessyard 2013 7
No good tools/ecosystem helps finding the right partner or matching
co-founders with similar ideas
©Businessyard 2013 8
What Businessyard can offer to solve these problems
©Businessyard 2013 9
Thanks for Listening!
©Businessyard 2013 10`