Birthing businesses

“Today you have 20 leading companies in Lebanon that employ people — that do a lot of good. they provide A livelihood to a large number of people. Having another 20-40 companies in the next 10-20 years that reach that size and that have that income just doubles the opportunities out there” Tarek Sadi, managing director at Endeavor Lebanon “At the seed stage, you want quantity. You want more and more startups because you know that most of them are going to fail … you need a factory of startups that gets them out one after the other” Fadi Bizri, managing director at Bader Lebanon “Imagine our first fund does not perform well … We lose our investors, they will not come back. we need to make money in order for the investors to be happy, to reinvest in other funds, in bigger funds to help the ecosystem get new