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In this inspiring episode with Joy Ajlouny, we relish in Joy’s story and how she leads with power and aims to break the stereotype surrounding women and not letting it affect your goals and beliefs. Everything from having thick skin, to becoming a great pitcher and showing investors your clear path to profitability.Joy talks about her journey in the tech industry, her transition from fashion to logistics and why the biggest investment is to rely on yourself. She shares what it’s like starting from scratch, raising funds for a startup to success and walking away from it to start afresh and with more assertiveness and conviction guided by her own experiences of struggles and a hard reality of unpleasant situations. Joy talks about finding hope in meaningful work that she believes is dormant in all women.She is enigmatic, bold and a woman that knows what she wants, she dreams of building a billion dollar venture capital and is shining with every step she takes towards her goal as one of the most successful entrepreneurs to have come out of this region. Don't miss out on her episode, link bio!Joy Ajlouny is an entrepreneur and founder of two startups whose influence in business and entrepreneurship has spanned the globe. Joy was the co-founder of Fetchr, a Silicon-Valley backed Technology Company based in Dubai aimed at solving the "no-address" problem hindering growth in emerging markets. Fetchr uses patented technology allowing people to use their mobile phone's GPS location as their address. Prior to Fetchr, Joy founded Bonfaire, an e-commerce discovery platform for luxury footwear and accessories. While only 2.7% of venture capital funding has been raised by women, Joy has successfully raised funds for two startups from the most prestigious Silicon Valley venture capital firms. This puts her in the top 1% of female entrepreneurs. As A Self-Made Woman In The Industry, Ajlouny Is Passionate About Encouraging And Investing Knowledge Into The Young Women Of Tomorrow.
Joy Ajlouny was told, ‘You Can't', and that, was the start of her journey. I hope that from my conversation with Joy Ajlouny, you stop focussing on what everybody else thinks of you, and start focussing on what You think of you. Joy is a bull in a china closet. And she makes no apologies for it. It's what got her this far. She is direct. She is unapologetic. She is relentless. Joy Ajlouny was born and raised in New York to a super conservative Palestinian family. She Studied at the George Washington University- doing finance and economics. She made her first $100 working at a pastry shop at the age of 16. Joy has been an entrepreneur ever since she can remember, opening her first store at 23. Going on to have a chain of stores called Joy's Then, Joy Ajlouny set up a a fashion e-commerce company called Bonfaire. Which was acquired by Moda Operandi. The group owned by LVMH. Joy Ajlouny is a serial entrepreneur who Founded two Venture-Backed startups. In 2015, Joy Ajlouny became the cofounder of Fetchr She's a consultant for startups, and Venture Capitalists. She's a speaker and advocate for gender equality. Joy Ajlouny has an unmatched knowledge and expertise in funding, investment, startups and marketing strategies. I say because the facts speak for themselves. To date, Joy has led the largest series B funding by a woman. Joy Ajlouny has raised over $100 million in funding. Numbers like this puts her firmly in the top 1% of women when it comes to raising funds. Period. If you're looking for the secret sauce to success and are ready to pound the pavement in order to achieve your goals, regardless of who you are, then you're in for a treat. ▂▂▂▂▂▂▂▂▂▂▂▂
Joy Ajlouny co-founded Fetchr in 2015 , a Silicon Valley-backed tech company that was created to tackle the Middle East's “no address” issue, which has been long been a hindrance to growth in emerging markets. She facilitated $52 million in initial investments in Fetchr, as well as $41 million in a series B round in 2017. The company now successfully operates in five countries with a 3500-person staff, and was dubbed the number one startup in the Middle East by Forbes. Ahead of founding Fetchr, Ajlouny was the driving force and sole entity behind the e-commerce luxury fashion platform Bonfaire. Acquired by Moda Operandi––a fashion e-commerce giant owned by LVMH and Condé Nast––in 2013, just two years after its launch, this was only the start of what would develop into a long-lasting relationship between Ajlouny and the fashion industry. Ajlouny works as a consultant for fashion startups, and Venture Capitalists.
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Joy Ajlouny shares with us her insight to style in the Middle East and all about fashion in the online world today. Please be sure to write a review of this episode and enter to win a weekly raffle! In this episode you will learn: - Joy's fashion career spanning the globe, starting in Dubai on to New York and now in Silicon Valley. - Fashion in the online space today. - The funding process for an online venture. - What venture capitalists look for in a new fashion startup. - How to pitch to a VC. - The building of Bonfaire a luxury online accessory retail platform. Enjoy! Jill