Sequoia made its first MENA investment this year in a startup called Held Up. George Robson says the region has strong talent momentum from universities, and advises founders to focus on R&D, product, and customer relationships rather than worry about the macro environment.
Chapters
Yes. So we, as Sequoia, made our first investment out of our US Europe business in MENA kind of earlier, earlier this year in a company called Held Up. And that's been an education process for us. We're learning about the incredible momentum and the density of talent coming out of wonderful universities, you know, across, across the region. So for us, we're really looking just to learn and contribute and move forward. Yeah. So we always encourage our founders to focus on things inside the building that they can control. What that means is, yes, you know, the current macro bot job has made it harder for some companies to raise funds. But the reality is that focusing on building R and D, investing in building product, investing in building a meaningful customer relationship with your end consumer, end business, depending what you're doing, is always the way to building an enduring company in the long term.