Success of Startups
Entrepreneurship has become one of the one of the most interesting topic in the business side in any country in the world. While it is digging its way in the middle east, there is some sort of confusion and a lot of aspects related to that topic. A Startup can act and advance to tackle business opportunities in a way that competes with large enterprises. and most of the times, they need to be supported by Investors to back them up. One of the things that started to really bother me in the culture is the definition of success of a startup. No one denies that a decent revenue generating startup is a successful one. However, some people believe that just raising an investment is a success.... umm, debatable. I believe we can make some kind of analogy with some entities that showed up in the past decade like biznas and skybiz (I'm sure some of you will remember those names). they used an invalid scheme summarized as: People can register and join the network for a fee (as an i...
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