Short Answer: Inflation interventions created rough market conditions for startups
Deeper look at macro economic data: money supply, spending, local currencies purchase power, interest rate and the implications on startups, scaleups, venture capital, tech investors and LPs in 14 countries and economic regions around the world
- What is the VC Winter
- What that means for startups and scaleups
- Why VCs can’t help
Short Answer: Yes
Comparison of venture funding in 12 countries around the world, and confirmation from three different sources and methodologies (Clearworld, Magnitt and Wamda/Digital Digest) to definitively answer if MENA's venture market is growing
- Comparison of 12 countries around the world
- Comparison and confluence of three sources
- Is MENA growing just because of Saudi’s venture market growth
Short Answer: No
The first correlation analysis of MENA venture market with US Fed Rate, US venture market, and global venture markets
Short Answer: MENA had significant LP shake outs since 2020, well before the VC Winter started. The LPs who remained have a large appetite, significant capital to fund the regional venture market, and a local exit gameplan
Detailed analysis of the regional conditions and the ongoing economic experiment in the MENA venture market
Short Answer: A new business cycle started in 2021–2022, with 23% of VC funds finishing deploying. 2023 saw those fund managers start creating more funds, many of them announcing the new funds in 2024. This resulted in a 30% ‘void’ in 2023
If it’s insulated from the VC Winter, why did the MENA venture market drop from 2022?
Detailed analysis of fund managers who stopped in 2023 and what they went on to do in 2023-2024
Explanation of the tests and treatments used to generate the insights from actual performance data from the tech startup scene in MENA, as well as data sources on global venture markets and macroeconomic metrics
