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Iraqi Startups One Year After the Rise of ISIS

Ahmed Marwan shares stories about a few Iraqi startups one year after the rise of ISIS, at Wamda.

He explains:

But what is more uncertain than calculating the success probability of a startup working in a city less than 50 km away from the turmoil caused by ISIS?

That is exactly what it’s like to be an entrepreneur in Baghdad: they’re operating under conditions of extreme uncertainty.

Marwan sites a few examples of Iraqi startups and concludes:

These young guys and the other entrepreneurs have proved one thing: entrepreneurship in Iraq has unlimited potential in the face of adversity.

The pressing security situation, Iraq’s financial crisis and damaged infrastructure, investors’ unfamiliarity with startups, and other big obstacles are all valid arguments for the doubters and naysayers in the debate about the future of entrepreneurship in Iraq.

But entrepreneurs beg to differ and they keep doing what they are best at: surviving in this brutal market and striving to make a name for themselves.

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