Global Ventures held its first Annual Meeting on October 14th, 2019 at The Conduit Club in London. The meeting showcased the company’s accomplishments as a venture capital firm in the MENA region and gathered speakers from across the globe. General Partner Noor Sweid commenced the conference with opening remarks and welcomed 60 global investors, founder CEOs, and business leaders to the 2019 Annual Meeting. In attendance were special guests Riverwood Capital Managing Partner Chris Valeras and Head of StepStone Group David Jeffrey.
Noor started the conference with an exclusive Fireside Chat with David Jeffrey, Head of StepStone Group, a global private markets firm overseeing more than $255BN of capital allocations. The chat included an “Overview on Emerging Market Venture Capital” and what the future holds for VCs in multiple markets and sectors that have high-growth potential opportunities internationally.
Subsequently, General Partner Basil Moftah moderated a panel that included three portfolio company CEOs and Founders namely, Mona Ataya (Mumzworld), Khalid Saiduddin (CDP), Mohammad Al Zaben (Lunch:ON), and featured Ekar CEO & Co-founder Vilhelm Hedberg. The discussion had the panelists tackle the topic of the regional market opportunity, ways to overcome barriers to scale and succeed in the MENA region and identify potential changes in each industry in the next five years.
Two portfolio companies showcased their company’s progress and success stories. Firstly, Kitopi CEO & Founder Mohamad Ballout presented his journey on managing continuous pivots in a high-growth environment, while Lunch:ON COO & Co-Founder Dana Baki discussed how the Lunch:ON team got subscription food to work.
The second panel focused on building and scaling winning companies in the region which was moderated by Nathalie Spree, Partner at True Search with portfolio company CEOs and Founders Rami Darwish (Arrow Labs), Geet Bhalla (HolidayMe), and Charif Mzayek (Floranow).
Last but not least, Noor conducted a Fireside Chat with Chris Valeras about his upcoming book “How Money Became Dangerous: The Inside Story of our Turbulent Relationship with Modern Finance” where he discussed the role of finance and how it has evolved since the financial crisis.