“Business models that were proven weak during the pandemic will not be a target market for VCs anymore. Most startups that failed to survive the pandemic will not be able to raise funds easily with an exception for strong founder/s who were able to pivot into a new business model and make a positive turnaround.”
-Ali Abussaud, Managing Partner at Hala Ventures. Omar Fandi interviewed the heads of leading investment funds active in Saudi Arabia to get their perspective on potential sectors of interest in 2021; Fintech, digital commerce, and healthcare were the most sited. [CrowdFundInsider]
