Is it a surprise that, for the third half-year in a row, Saudi attracted the most of the capital deployed in the MENA region? Nope.   The big surprise though? Funding for Saudi fintechs grew by 360% (vs. H1’23) and it remains the most transacted sector.  ...

I can hardly believe that our AVC II is done investing. Its investment period was over in Q3 of last year.   AVC II is a body of over 2,300 screened decks, almost 1,200 first calls and over 170 deal briefs. All spread across 5 years. Considering that our focus...

Turns out my last month’s newsletter was a good prelude to Swvl's news of their $3.1m net profit in 2023 from few days ago.   Today I want to talk about the future, why the future is a verb and why Japanese have a word for companies older than 100 years. I'll...

Are you following up on the latest tech stock resurrection on the block?   It’s been exactly 7 years since the company was established and 2 years since its debut on Nasdaq, which was followed by a valuation drop from the initial $1.5 billion to $16 million in...

I’m not sure how many of you know the story of Pentugram, the startup I had co-founded along with Miled Elias. Pentugram got acquired by KSA’s RasMal and we announced the transaction last week at LEAP.   Here’s the story of my latest personal exit.    ...

If January was a trial month, would you cancel your annual subscription?   Back to reality. Those of you who didn’t intercept Clara releasing their updated Term Sheet for Series A investments – I got you covered.   Their Term Sheet provides a balanced and...