Riyadh - Exclusive Sharikat Mubasher: Endeavor, a leading global community for high-impact entrepreneurs, nurtures entrepreneurs with high, radical self-belief in their ideas and projects, according to Allen Taylor, Managing Partner at Endeavor Catalyst.
Speaking to Sharika Mubasher on the sidelines of the Riyadh Forward summit, Taylor stated that Endeavor provides entrepreneurs who have intellectual curiosity with the mentorship and advice they need to get off the ground.
“I have been investing in emerging markets for almost 20 years, but what excites me the most today is that these are the places where people are building the future. There are many problems globally to be solved, and the best people to identify those problems and bring technology and tools to work on them are entrepreneurs,” Taylor said.
He noted that the Endeavor Catalyst is a $500 million global fund that focuses on entrepreneurs who are part of the Endeavor program and invests only in Endeavor companies.
“I am really excited to continue investing in places like Latin America, Africa, Asia, and the Middle East because there is so much potential and possibility,” the official added.
Taylor further advised startups aiming to expand globally to deeply understand their home market, their ideal customer profile, product-market fit, and achieve real revenue before scaling into other markets.
Organized by Endeavor Saudi Arabia, the Riyadh Forward summit took place on 26 October, gathering more than 250 founders, investors, and ecosystem leaders from around the world to highlight Saudi innovation and advance entrepreneurship from the Kingdom.
