Mr. Dany Farha, Managing Partner of BECO expressed "We are debunking the myth that says success comes very quickly, it doesn't."
BECO Capitals held an exclusive investor event at the Boost MENA Investor Forum 2018 where the speakers, as thoroughly chosen, and being start-up founders themselves, took part in sharing the milestones and success stories of their businesses.
Collectedly, the speakers made it very clear that success isn't a double click away. So, how long does it take? Careem, as well as Property Finder and Anghami, shared their start-up narratives from their early beginnings to this date.
Careem, for example, currently available in 120 cities in 15 countries, started out offering rides exclusively to corporate costumers in their first year, taking them to their destinations. However, within a year of its launch, Careem gradually moved into Business-to-Consumer Transportation, i.e servicing anyone who asks for a drive. All to arrive to today where they have three sole verticals: Moving people, moving things and wallet; creating up to 1,000,000 jobs of captains and drivers and 35,000,000 users in the process. Below is some insight shared orally by the founders of Careem on stage we put together in an infographic: