{"id":33721,"date":"2024-10-03T00:37:41","date_gmt":"2024-10-02T21:37:41","guid":{"rendered":"https:\/\/entarabi.com\/?p=33721"},"modified":"2024-10-03T00:37:41","modified_gmt":"2024-10-02T21:37:41","slug":"hala-ventures-discusses-tech-investment-at-fintech-forward","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2024\/10\/hala-ventures-discusses-tech-investment-at-fintech-forward\/","title":{"rendered":"Hala Ventures Discusses Tech Investment at Fintech Forward"},"content":{"rendered":"<p dir=\"ltr\">During<a href=\"https:\/\/entarabi.com\/en\/\"><strong> entArabi&#8217;s<\/strong><\/a> coverage of the<strong> Fintech Forward Conference<\/strong>, we interviewed <strong>Ali Abussaud<\/strong>, Partner and Co-founder at <a href=\"https:\/\/www.hala.vc\/ar\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Hala Ventures<\/strong><\/a>, a venture capital firm specializing in investments in <strong>tech startups<\/strong> across the <strong>Middle East and North Africa<\/strong>. When asked what he looks for as an investor, Ali emphasized that <strong>entrepreneurs<\/strong> are more important than the product itself. The entrepreneur is the one who can <strong>adapt the product<\/strong> to fit market needs, especially during times of economic crisis. Only then do they focus on the product\u2019s <strong>market<\/strong> and its <strong>growth potential<\/strong>.<\/p>\n<h3 dir=\"ltr\">Targeted Sectors<\/h3>\n<p dir=\"ltr\">When asked about the sectors they target, Ali mentioned that they are solely focused on the <strong>tech sector<\/strong>, including:<\/p>\n<ul dir=\"ltr\">\n<li>Fintech<\/li>\n<li>Insurtech<\/li>\n<li>Foodtech<\/li>\n<li>E-commerce solutions<\/li>\n<li>Artificial intelligence<\/li>\n<\/ul>\n<h3 dir=\"ltr\">Criteria for Evaluating Startups<\/h3>\n<p dir=\"ltr\">Ali explained that evaluating startups revolves around their ability to <strong>test the product<\/strong> with a significant number of users, gather <strong>feedback<\/strong>, and <strong>refine the product<\/strong>. Additionally, the company must demonstrate <strong>real and recurring revenue<\/strong> to prove its success.<\/p>\n<h3 dir=\"ltr\">Future Plans<\/h3>\n<p dir=\"ltr\">Regarding future plans, Ali revealed that <strong>Hala Ventures<\/strong> aims to launch <strong>new funds<\/strong> in various sectors, whether in <strong>venture capital<\/strong> or <strong>late-stage investments<\/strong>.<\/p>\n<p dir=\"ltr\">Ali also participated as a speaker in a panel alongside <strong>Manuel Silva Mart\u00ednez<\/strong>, General Partner at <strong>Mouro Capital<\/strong>, <strong>Mohamed Fairooz<\/strong>, SC Ventures Lead for the Middle East, and <strong>Jan Piotrowski<\/strong>, Schumpeter Columnist at <strong>The Economist<\/strong>. The panel discussed what investors are looking for in the fintech space and how startups can stand out in this volatile market.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"lisan-shadow\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>During entArabi&#8217;s coverage of the Fintech Forward Conference, we interviewed Ali Abussaud, Partner and Co-founder at Hala Ventures, a venture capital firm specializing in investments in tech startups across the Middle East and North Africa. When asked what he looks for as an investor, Ali emphasized that entrepreneurs are more important than the product itself. [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":33736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[5872],"tags":[5893],"class_list":["post-33721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-forward","tag-hala-ventures-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/33721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=33721"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/33721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/33736"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=33721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=33721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=33721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}