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Showing posts from December, 2019

Thoughts on Ecosystem Building

An ideal stage of any system, natural or artificial, is self-sufficiency. As such, a country that is genuinely focused on sustainability should ultimately/ideal be developing an ecosystem that can foster innovation and unleash the potential of the people within. This leads to the agglomeration of talent, which ends up making a nation sustainable and robust. Qatar and the region are going through such a transformative phase, and the region realized that Venture Capital is one of the foundations of the journey. Several factors need to come together to form a virtuous cycle. One of the fundamental elements that drive venture is the availability of capital. Capital availability is the spark that lights ideas and encourages entrepreneurs to take on the journey, which in turn creates a successful startup, talent attraction, and a few of the talents creates a new type of offering or value add to the existing players in the system. And VCs gravitates towards those hubs with entreprene