Regardless of the world’s elation on 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, whilst Syria descends into civil war. But in the middle of it all, a quieter revolution has begun to emerge, one that might in the end do more to change the face of the region: entrepreneurship. As a seasoned angel investor in emerging markets, Christopher Schroeder was once curious but skeptical about the way forward for making an investment 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, Regardless of 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 have a look at the second one stealth revolution in the Middle East―one that promises to reinvent it as a center of innovation and progress.
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