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I sat down with Abdullah Mutawi, Partner and Head of Corporate at law firm Taylor Wessing and prolific angel investor as the Co-founder and Chairman of Dubai Angel Investors and Saudi Angel Investors and we unpack some of the challenges that startups founders and venture capital investors are facing as they learn how to deal with a major downturn echoing the global venture capital downturn post 2020/2021 bubble. As a prominent lawyer, Abdullah is often called upon to mitigate distress situations, those that evoke strong emotions between the parties. Abdullah shares his learnings from various situations he has managed including one of the successful restructuring deals he worked on with Fetchr, the logistics startups that was saved, only to shut down again in 2021 in a twist of fate. If you are in the startup ecosystem or a stakeholder of the ecosystem, then you will certainly enjoy this discussion. Support for the show comes from capital.com, a global investment platform with offices in Dubai.
I sat down with Abdullah Mutawi, Partner and Head of Corporate at law firm Taylor Wessing and prolific angel investor as the Co-founder and Chairman of Dubai Angel Investors and Saudi Angel Investors and we unpack some of the challenges that startups founders and venture capital investors are facing as they learn how to deal with a major downturn echoing the global venture capital downturn post 2020/2021 bubble. As a prominent lawyer, Abdullah is often called upon to mitigate distress situations, those that evoke strong emotions between the parties. Abdullah shares his learnings from various situations he has managed including one of the successful restructuring deals he worked on with Fetchr, the logistics startups that was saved, only to shut down again in 2021 in a twist of fate. If you are in the startup ecosystem or a stakeholder of the ecosystem, then you will certainly enjoy this discussion. Support for the show comes from capital.com, a global investment platform with offices in Dubai.
This is the first of a four episode long special on the MENA region here at The European VC. This special series focuses on everything MENA VC, bridging the gap with its European counterparts. We intend to shed light and promote collaboration between these two beautiful regions.For this special series we welcome our dear friend and special co-host Mostafa Gado - Venture Builder, Innovation Strategist and Tech Enthusiast. Mostafa has led the Project Management and Business Development for Fetchr, the #1 MENA startup in 2017 according to Forbes, in Saudi Arabia. He is a former Innovation Strategist at Accenture Middle East and Advisory Manager at PWC Middle East.Our first guest is Kenza Lahlou, co-founder and General Partner at Outlierz Ventures, an early-stage Africa-focused VC fund dedicated to Seed and Pre-Series A companies.In this episode you'll learn:– How Kenza broke into VC in the first place and how the journey into VC in MENA differs from that in Europe– Why the rise of certain startup ecosystems is promising in the Morocco region– How Kenza thinks about helping take MENA startups go global– Why Africa's near-boundless VC opportunities if approached in the right way
Businesswoman, serial entrepreneur and advisor, Joy Ajlouny is a powerhouse of the startup ecosystem. Born and raised in California to Palestinian refugees, Ajlouny has built a reputation for her success in startups and ventures worldwide, all the while aggravating the status quo of women in business. In 2015 Joy Ajlouny co-founded Fetchr, the 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. In this episode, Joy talks about the mindset required for being a successful founder, to raise money and the various facets of managing investor expectations.
ناقشنا ضيفنا الكريم أ/ حسين وهبي (المدير التنفيذي لشركة Fetchr للخدمات اللوجستية، والمدير العام لشركة UPS في الشرق الأوسط-سابقا-، والمستشار في مكتب رئاسة مجلس الوزراء الإماراتي-سابقا-، والمدير الإقليمي لشركة أرامكس في منطقة الخليج-سابقا-) في عدة محاور مهمة منها:- ماهي المنهجية الصحيحة والعملية لدخول قطاع الخدمات اللوجستية؟- ما التحديات التي تواجه رواد الأعمال لبدء مشروعهم اللوجستي؟- كيف تستطيع شركات اللوجستيات العملاقة دعم الشركات المتوسطة والصغيرة؟- ماهي المواصفات التي تبحث عنها في فريق العمل خلال التأسيس؟- كيف أبني تنافسيتي في هذا القطاع؟- ماهي مؤشرات الأداء التي نستخدمها لقياس جودة خدماتنا اللوجستية؟- مصادر الإهدار في القطاع اللوجستي؟- كيف يمكن حل مشاكل اللوجستيات العكسية؟- مستقبل الدرونز في القطاع اللوجستي؟وغيرها من المحاور..
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.
Hussein is a Public and Private sector leader with more than 20 years of experience in the service and logistics industry. In his experience includes UPS where he served as the Managing Director for the Middle East. Prior to joining UPS, Hussein served as a full-time Advisor to the Federal Government at the UAE's Prime Minister's Office, and before that he used to Lead Aramex International in the Gulf region, where he spent almost 17 years of his career.Currently, Hussein is the CEO of Fetchr. Fetchr is an international express, mail delivery, and logistics services company. It helps local merchants and global brands build, launch, and grow profitable eCommerce businesses with an easy-to-use proprietary shipping and logistics solution.Discover more details here.Some of the highlights of the episode:Changing roles across private, government, and startupsThe future of e-commerce, returns, and how to balance sustainabilityWhy he is active on social media and the impact it has on his company and his personal connectionsHow to get unintended celebrity status using LinkedInFollow us on:Instagram: http://bit.ly/2Wba8v7Twitter: http://bit.ly/2WeulzXLinkedin: http://bit.ly/2w9YSQXFacebook: http://bit.ly/2HtryLd
In this week's Business Insights Series Vodcast, our host Kim Winter is joined by Hussein Wehbe, CEO of Fetchr, a traditional supply chain model disrupter. Together they discuss his time in both public and private sectors in the GCC, customer behaviour for last mile as we recover from the pandemic, and the talent needed for the supply chain industry of the future. Follow Logistics Executive Group - https://www.linkedin.com/company/logisticsexecutive Connect with Hussein on LinkedIn - https://www.linkedin.com/in/hussein-wehbe-a108685/
Ecosystem Arabia - Episode 3 of 6 - In the third episode of our 6 week community activation, host Andrew Berkowitz hands the mic over to Joy Ajlouny, the Cofounder of Fetchr in Dubai and Viola Llewelyn, the Cofounder of Ovamba Solutions in Cameroon for a candid discussion on what it's like being a woman leader building a tech scaleup in the Gulf region and in Africa. This community activation is an interactive digital gathering of the Middle East and North African startup ecosystems it consists of a 6 episode podcast mini-series and a 6 week live-streamed startup pitch competition, which will both culminate in an interactive virtual summit on February 16th. Register for the virtual summit at https://hopin.com/events/ecosystem-arabia-virtual-summit (https://hopin.com/events/ecosystem-arabia-virtual-summit) Interact with the podcast and pitch competition by registering your email https://www.ecosystemarabia.tv (https://www.ecosystemarabia.tv) A special thanks to our presenting partner https://www.exim.gov/mena (The Export-Import Bank of the United States). As the global middle class grows and technology makes the world smaller, opportunities have never been greater for American businesses to reach customers beyond U.S. border. EXIM provides federal resources to access capital and mitigate foreign risk. And no business is too small. Let EXIM help you export fearlessly to the MENA region and beyond. Visit exim.gov/mena to learn more.
My guest for this episode is Hussein Wehbeh, the CEO of Fetchr, a tech enable transportation company. One of the most energizing conversations I have had on the power of positive leadership and leading by example by a leader who lives his message. Hussein's positive energy is indeed infectious and his views on the power of people and customer centricity are inspiring. We talked about importance of leaders being a role model for the company values, finding and nurturing the hidden talents, solving challenges by engaging people and appreciating the positive everywhere. We also discussed how leaders should give negative feedback privately, lead by inspiration instead of fear, have empathy and much more. Be ready to be inspired, I know I was! Like always, I would appreciate any feedback you have about this episode or the podcast overall. Feel free to reach out to me on fouadmalame@gmail.com. Also, whether you are a leaders of 5 or 5000 people, if you have any challenges driving the development of the capabilities, culture, alignment, engagement or collaboration of your people or simply have challenges implementing strategy or driving change at scale, I am offering a free 30 minutes strategy session. In this session you would get insights which you can apply right away to take your people and organization to the next level.
Hussein Wehbe is the new CEO of Fetchr, a Dubai-based shipping company that avoided collapse by cutting over 1200 jobs and raising fresh funding in August 2020. He talks about the new vision, shifting his mindset towards the future and building a strong company culture.
Hussein Wehbe is the new CEO of Fetchr, a Dubai-based shipping company that avoided collapse by cutting over 1200 jobs and raising fresh funding in August 2020. He talks about the new vision, shifting his mindset towards the future and building a strong company culture.See omnystudio.com/listener for privacy information.
There's research on certain words you should not use during the pandemic. Plus, are air miles still relevant and useful? See omnystudio.com/policies/listener for privacy information.
cc: growth journeys from emerging ecosystems to global markets. Allen is the Managing Director of Endeavor Catalyst, an innovative co-investment vehicle through which Endeavor can invest into its portfolio companies. Launched in 2012, Endeavor Catalyst has raised more than $120M+ across two funds and made 130+ investments to date in 27 different countries across Latin America, EMEA and Southeast Asia. Investments include Globant (NYSE:GLOB) in Argentina, Peak (acq’d Zynga $1.8Bn, 2020) in Turkey and Fetchr in the UAE. What’s in this episode? 1) The main driver behind looking at places where not many people are looking 2) Access problem of emerging market founders and associated selection biases developed market VCs might have 3) A look at Endeavor Catalyst’s rule-based investment criteria 4) Natural patterns Endeavor sees when companies are ready to push out of their home countries/turf 5) Tell-tale signs of a company as to when they'd be able to attract serious downstream capital interest 6) Co-investing with local vs global VCs You can reach us through our website or @getcced on Instagram, Twitter, Youtube, Facebook, and Linkedin. Hosted by Enis Hulli and Rina Onur.
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.
Idriss Al Rifai is the co-founder and CEO of Fetchr which is an international express, mail delivery, and logistics services company. The business has raised so far $100 million from top tier investors including New Enterprise Associates (NEA), NGP Capital, Winklevos Capital, and Mobility Ventures to name a few.
Idriss Al Rifai is the co-founder and CEO of Fetchr which is an international express, mail delivery, and logistics services company. The business has raised so far $100 million from top tier investors including New Enterprise Associates (NEA), NGP Capital, Winklevos Capital, and Mobility Ventures to name a few.
Joy talks about building three companies from the ground up: from signing a $10,000 lease at the age of 23 to raising $56M across her ventures. She also talks about how she always challenged the status quo, even as a child. This episode was produced by Hebah Fisher and Dana Ballout, with editorial support by Percia Verlin and Alex Atack. Sound design by Mohamad Khreizat, and fact-checking by Zeina Dowidar. Original sting composed by Ramzi Bashour. al empire is a Kerning Cultures Network production. Support this podcast on Patreon for as little as $1 a month. Support the show.
On this episode of Silicon Valley Insider, Keith Koo has special guest Joy Ajlouny founder and former CMO of Fetchr the largest e-commerce platform in the middle east. Joy discusses her personal journey of becoming a serial entrepreneur and how her 6 year journey to the middle east started with literally two suitcases and a plane ticket to Dubai. Fetchr became a shipping, logistics and package delivery company. On this week's Cyber-Tip, Keith goes into detail on how Jack Dorsey, CEO of Twitter could have his own Twitter account hacked and how you can prevent it. On the Pivot, Joy discusses how her career pivots shaped her into the person she is today and what's in store for her next. Tune in to hear more! www.svin.biz Listen Fridays 1-2pm on 1220AM KDOW Silicon Valley | San Francisco Listen and subscribe to the "Silicon Valley Insider" Podcast ahead of time to make sure you don't miss this show. First airing is 1-2pm on 1220AM KDOW Download the podcast at 2pm Friday's For questions or comments, email: info@svin.biz Be sure to subscribe and listen to the podcast. You can also listen to past podcasts here: Castbox: https://castbox.fm/channel/The-Silicon-Valley-Insider-Show-with-Keith-Koo-id1100209?country=us iTunes: https://itunes.apple.com/us/podcast/the-silicon-valley-insider-show/id1282637717?mt=2 Android, Spotify (and iTunes): https://omny.fm/shows/the-silicon-valley-insider-show Email us at info@svin.biz or find us here: www.svin.biz https://stitchengine.drishinfo.com/index.jsp?sId=15540&source=sh Artificial Intelligence, AI, Blockchain, Big Data, Data Analytics, Cyberrisk, Information security, VC, Venture Capital, Angel Investments, Fundraising, Capital Raising, Investor, Human Rights, Technology for Good, UN SDGs, Emerging Technology, #Patreon
31 Aug 2019: Idriss Al Rifai is the CEO and co-founder of Fetchr, now entering it's Series C fundraising stage and he says it's not easy, even for a (not-so) Everyday Entrepreneur.
Idriss Al Rifai is the founder of Fetchr. Ecommerce in the Middle East is still nascent – local and international brands have a challenging time navigating the market in which inefficient processes and the lack of post addresses lead to long delivery times and high return rates. Fetchr (formerly, MENA360) provides businesses a solution for entering the ecommerce space in the region and for reaching customers via their mobile devices. On this episode you'll learn: What are differences between the GCC countries and the North Africa ecosystem? How developed is Ecommerce in the Middle east? What platforms are Ecommerce happening on in the region?
In a deeply personal presentation at BoF VOICES, the entrepreneur behind two successful Silicon Valley ventures shares her lessons from the "double bind" of navigating her industry as a woman. To watch Joy's talk at VOICES 2018 click here. Sign up for BoF’s Daily Digest newsletter here: http://bit.ly/BoFnews. Ready to become a BoF Professional? For a limited time, enjoy 25% discount on an annual membership, exclusively for podcast listeners. Simply, click here: http://bit.ly/2KoRRBH, select the Annual Package and use code PODCASTPRO at the checkout. For comments, questions, or speaker ideas, please e-mail: podcast@businessoffashion.com.For all sponsorship enquiries, it’s: advertising@businessoffashion.com.
Tariq Sanad began his career at Gulf Air prior to spending almost a decade at Procter & Gamble where he climbed the corporate ladder from a Financial Analyst all the way to Group Finance Manager for the MENA region.His first foray into startups was as an entrepreneur and the Managing Director of Lime & Tonic Dubai.After winding down Lime & Tonic Dubai’s operations, he joined Careem as the Chief Marketing Officer where he served for over a year before onto his next challenge at Fetchr to serve as the Chief Financial Officer.Over the last two years at Fetchr, he has witnessed and be part of the company’s massive growth and expansion.Listen to learn more about his journey and where he sees it all going.Enjoy the show!Show Notes:01:30 – Pragmatism, University and Studying Accounting.03:00 – Starting at P&G, just when it was opening up it’s office in Dubai.04:00 – Moving to Dubai back in the early 2000’s.05:00 – From becoming a pilot to an accountant.06:15 – Climbing the corporate ladder at P&G.08:00 – His first entrepreneurial venture following P&G with Lime & Tonic.08:45 – A podcast & a Twitter exchange sparked his entrepreneurial journey.10:00 – How he took a calculated risk when starting his first startup.11:00 – The decision whether to go back to the corporate world after the first failed startup or to join an up and coming startup called Careem.12:00 – His transition from finance guy to Chief Marketing Officer.12:30 – Your role in a startup is solving problems.14:00 – Moving from Careem to Fetchr and how he learned from every venture he was involved in.15:00 – Return to his financial role as a CFO at another scaling startup.16:00 – The employee growth at Fetchr since his joining.17:45 – The Oman Post Joint Venture and how serves as validation for what Fetchr is achieving.18:15 – Fetchr’s specialized offerings to various market segments and building customized solutions.23:00 – Low barriers to entry and building for the long term with scaling.25:00 – How healthy competition is for the startup ecosystem.26:00 – Tariq’s optimistic outlook for upcoming Fetchr projects in the works for 2018.27:00 – Walking as a health and mental exercise.28:00 – Recharging himself by investing time in the people around him.30:00 – On not having a role model and instead focusing on building his own story.31:30 – The importance of understanding your team and connecting with them.33:15 – A typical day in Tariq’s workday.35:00 – A book he highly recommends to people interested in managing a team.35:45 – Unleashing trapped potential by remembering that life is short.36:30 – “You make your own time”37:15 – He would love to see a greener Dubai, an even more sustainable city.38:15 – Be more confident; things aren’t as complex as they seem as long as you break it down.39:15 – His advice to potential entrepreneur’s out there about taking calculated risks.40:00 – The importance of tackling big problems.References“The Five Dysfunctions of a Team : A Leadership Fable” by Patrick Lencioni See acast.com/privacy for privacy and opt-out information.
Welcome back to Digital Media & Tech in Dubai, (DMT/d), for the second episode of our brand new podcast focused on bringing listeners topical segments and informative conversations with local experts exploring the latest news and developments in the digital media and tech scene in the burgeoning international capital that is Dubai, as well as the greater ME area. Hosted by Spencer Striker, PhD, Digital Media professor at the American University in Dubai--the episodes are recorded on location at AUD in the heart of Dubai's Media City. Special guest for episode 2, “PAZ Knows Digital Dubai,” is Joe Akkawi, Chief Digital Officer at PAZ Marketing, an influential PR firm based here in the city that he co-founded with his father and sister back in 2007: http://pazmarketing.com/ As a graduate of the American University in Dubai, Joe went from earning an IT degree in 2004, to working in web development in the early 2000s, to running digital/social for PAZ, where he manages top clients, from hot startups like Fetchr to megabrands like Harley Davidson. Topics discussed in episode 2 include: The growth of PAZ Marketing in Dubai during the city's dynamic decade. Joe's opinions on who are the key social media influencers in the region right now, including: Max of Arabia https://www.instagram.com/maxofarabia/ Bin Baz https://www.instagram.com/bin_baz/ Huda Beauty https://www.instagram.com/hudabeauty/ How the expansion of PAZ Marketing has mirrored the rise of the Dubai startup scene these past ten years, whereby key startups have hired PAZ to scale them toward rapid impact, including Cobone.com (acquired by Tiger Global), Sukar (acquired by Souq), and CashU (acquired by Maktoob). Current PAZ clients range from successful Dubai-based startup, Fetchr http://fetchr.us/about/ , to one of America's most icon brands, Harley-Davidson, http://www.harley-davidson-dubai.com/ , for which Joe has the awesome challenge of strategically rebranding for the GCC, Levant, and NA regions. Finally, Joe provides some expert insights on how to approach a Snapchat marketing play in the region, as well as some of forecasts for the future of digital Dubai. Hosted by: Spencer Striker, PhD, Digital Media professor at the American University in Dubai https://twitter.com/spencerstriker Special Guest: Joe Akkawi, Chief Digital Officer, PAZ Marketing https://twitter.com/JoeAkkawi Special Thanks to Reina Dib and Joy Semaan of the AUD Marcom Team https://www.instagram.com/audubai And huge shout out to stellar AUD student and podcast producer, Rana Daoud https://www.linkedin.com/in/ranadaoud Featuring Video Game Remixes by the legendary Chris Bateshttp://pazmarketing.com/http://fetchr.us/about/http://www.harley-davidson-dubai.com/
Welcome back to Digital Media & Tech in Dubai, (DMT/d), for the second episode of our brand new podcast focused on bringing listeners topical segments and informative conversations with local experts exploring the latest news and developments in the digital media and tech scene in the burgeoning international capital that is Dubai, as well as the greater ME area. Hosted by Spencer Striker, PhD, Digital Media professor at the American University in Dubai--the episodes are recorded on location at AUD in the heart of Dubai’s Media City. Special guest for episode 2, “PAZ Knows Digital Dubai,” is Joe Akkawi, Chief Digital Officer at PAZ Marketing, an influential PR firm based here in the city that he co-founded with his father and sister back in 2007: http://pazmarketing.com/ As a graduate of the American University in Dubai, Joe went from earning an IT degree in 2004, to working in web development in the early 2000s, to running digital/social for PAZ, where he manages top clients, from hot startups like Fetchr to megabrands like Harley Davidson. Topics discussed in episode 2 include: The growth of PAZ Marketing in Dubai during the city’s dynamic decade. Joe’s opinions on who are the key social media influencers in the region right now, including: Max of Arabia https://www.instagram.com/maxofarabia/ Bin Baz https://www.instagram.com/bin_baz/ Huda Beauty https://www.instagram.com/hudabeauty/ How the expansion of PAZ Marketing has mirrored the rise of the Dubai startup scene these past ten years, whereby key startups have hired PAZ to scale them toward rapid impact, including Cobone.com (acquired by Tiger Global), Sukar (acquired by Souq), and CashU (acquired by Maktoob). Current PAZ clients range from successful Dubai-based startup, Fetchr http://fetchr.us/about/ , to one of America’s most icon brands, Harley-Davidson, http://www.harley-davidson-dubai.com/ , for which Joe has the awesome challenge of strategically rebranding for the GCC, Levant, and NA regions. Finally, Joe provides some expert insights on how to approach a Snapchat marketing play in the region, as well as some of forecasts for the future of digital Dubai. Hosted by: Spencer Striker, PhD, Digital Media professor at the American University in Dubai https://twitter.com/spencerstriker Special Guest: Joe Akkawi, Chief Digital Officer, PAZ Marketing https://twitter.com/JoeAkkawi Special Thanks to Reina Dib and Joy Semaan of the AUD Marcom Team https://www.instagram.com/audubai And huge shout out to stellar AUD student and podcast producer, Rana Daoud https://www.linkedin.com/in/ranadaoud Featuring Video Game Remixes by the legendary Chris Bates
Joy Ajlouny is a serial entrepreneur from Sillicon Valley. She currently lives in Dubai where she co-founded Fetchr, a delivery app that has disrupted the Middle Eastern Market.