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Despite the world's elation at the Arab Spring, shockingly little has changed politically in the Middle East; even frontliners Egypt and Tunisia continue to suffer repression, fixed elections, and bombings, while Syria descends into civil war. But in the midst of it all, a quieter revolution has begun to emerge, one that might ultimately do more to change the face of the region: entrepreneurship. As a seasoned angel investor in emerging markets, Christopher Schroeder was curious but skeptical about the future of investing in the Arab world. Traveling to Dubai, Cairo, Amman, Beirut, Istanbul, and even Damascus, he saw thousands of talented, successful, and intrepid entrepreneurs, all willing to face cultural, legal, and societal impediments inherent to their worlds. Equally important, he saw major private equity firms, venture capitalists, and tech companies like Google, Intel, Cisco, Yahoo, and LivingSocial making significant bets, despite the uncertainty in the region. In Startup Rising, he marries his own observations with the predictions of these tech giants to offer a surprising and timely look at the second stealth revolution in the Middle East—one that promises to reinvent it as a center of innovation and progress.
Christopher Schroeder is an entrepreneur and angel investor. In 2010, he wrote an op-ed for The Washington Post about the start-ups in Dubai, and was subsequently invited by Secretary of State Hillary Clinton to judge a start-up competition in Cairo one week before Tahrir Square. He is on the boards of advisors of the American University of Cairo School of Business and regional start-up resources Wamda and Oasis500. He lives in Washington, DC.
Table of Contents
Table of Contents Foreword by Marc Andreessen Chapter 1: Celebration of Entrepreneurship Chapter 2: Work-Around – “Entrepreneurship Isn’t New to the Middle East” Chapter 3: The New Breed Chapter 4: Leap Frog Chapter 5: The Ecosystem Builders Chapter 6: Start-Up/Turn-Around -- The Education of a New Generation Chapter 7: The New Middle East: Women at the Startup Helm Chapter 8: Religion and the Ecosystem Chapter 9: Not a Matter of Whether, But When