A Founder’s Ability to be Transparent and Communicate with Investors is Everything - with Basil Moftah | The Perfect Pitch Podcast Ep4
Get ready for an intriguing conversation with Basil Moftah. Born and raised in the US and Trinidad and Tobago, but with roots in Egypt, Basil brings both his international perspective and years of Corporate VC experience to the investing table. He shares his pet peeves on things like celebrating successful fundraising efforts and having difficult conversations with founders. He reminds us about the responsibilities tied to capital investment, and provides insights on when to pivot or exit a venture from an investor's standpoint. Tune in for some enlightening insights in this episode!
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Investing in Egypt’s Startup Ecosystem
Micro, Small and Medium Enterprises contribute over 40% to Egypt’s economy, and account for over 75% of the country’s total employment. Entrepreneurship is critical to Egypt’s future. Today, Egypt consistently ranks as a top 3 tech startup ecosystem in both the MENA and Africa regions, based on funds raised by local startups. In this special report, we speak to the most active investors in Egypt and cover some of the country’s most successful startups to give you an inside scoop on how they are navigating the current VC winter, inflationary pressures and currency devaluation woes.
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