GO Ventures on LinkedIn: Sequoia's Jess Lee explains how early-stage startups can identify… (2024)

We're proud to see Malta continue to grow as an ecosystemOur #startup #ecosystem has seen a 5x increase since 2021, according to Startup GenomeVarious initiatives including those coming from PEVCA Malta, Malta Enterprise and StartinMalta have helped stir interest. Startup Festival — which attracted over 1,800 attendees in 2023 — and the launch of a national $10.7 million venture capital fund demonstrate Malta’s dedication to spurring innovation. These efforts are complemented by non-dilutive financial aid packages of up to $1.6 million that are available to innovative business ventures.#GOVentures is an example of the corporate environment embracing innovation and tech. At GO plc we strive to find new services to add value to our customers while also helping our operations to be more efficient. A recent example of this is our investment in ToumAI Analytics, we're integrating their product to let our contact centres serve our customers better.A place where ideas and cultures mingle against a backdrop of beautiful beaches and breathtaking historic vistas, #Malta is the idyllic island that is poised to become the next startup hotspot in the #EU.Malta’s geographic location offers unparalleled access to key markets and international talent. Positioned between three continents, the island serves as both a geographic and economic hub. “Our connectedness to Africa, the Middle East, and Europe enables us to attract talent that’s just a short, direct flight away,” saysMalta EnterpriseCEO Kurt Farrugia.Read the full feature here:https://lnkd.in/g3VS7GPi

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Keep your founders on for the long haul to create a unicorn!#GOVentures #malta #startups #unicorn

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Here’s the team energy we carry at GO plc Check out open roles at www.go.com.mt/careers#GO #malta #teamwork

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The Magnificent Seven – The Venture Capital frontier & the new AI Wild West* Started from humble beginnings, they’re now on top of the world. A powerful vision, relentlessly executed, combined with early venture capital investments evolved into massive wealth and economic growth. Today, they invest nearly $400 billion annually into frontier tech (comparable to the GDP of Norway), of which $20–30 billion in VC rounds (comparable to UK’s total VC investment).* With a combined value at an all-time high of $14 trillion and a record share of corporate net earnings, they account for 32% of the S&P 500. Even this number understates their true underlying earnings power.* Now, as the biggest-ever platform shift in tech unfolds, occurring only every ~20 years, everything is up for grabs again. This time, acquisitions are off the table due to regulatory scrutiny. They dominate era-defining VC deals instead, for now.* Mega opportunities are arising in applied AI. The Magnificent 7 are on the hunt for these opportunities, and AI is bringing them closer within reach. At the same time their home markets feel less defensible than before.* This report provides an opportunity to see the world through the eyes of the Magnificent 7. Their perspective compels you to think very big.Apple Google Tesla SpaceX Meta Amazon NVIDIA #GOVentures #ai #vc #investment #startupRead the full report here:https://lnkd.in/g6tU5teH

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Airalo, our portfolio company, which operates the world’s largest eSIM marketplace, has passed 10 Million users.Airalo has been growing fast with now 10M+ users across 230 countries and in 53 languages.Airalo is the #1 travel app in mobile app stores in multiple countries, further affirming its global appeal.Airalo also launched Airalo Partners, a B2B and B2B2C platform that empowers businesses to buy, manage, and share eSIMs with their customers or their employees. Airalo Partners will complement Airalo’s existing partner offerings — Airalo Partner API and Airalo Affiliate Program — that have been adopted widely by businesses worldwide.Co-founders Abraham Burak and Ahmet Bahadir Ozdemir Ozdemir expressed their enthusiasm at surpassing the 10 million users mark and launching of their new product, saying, “We are happy to see that millions of travelers have been finding their needs addressed in Airalo and grateful to be writing this new chapter of travel connectivity with them. With our new platform, Airalo Partners, along with our various business-to-business offers, we will extend Airalo’s innovative and affordable solution to businesses and organizations across the globe.”About Airalo:Airalo, founded in 2019 by Bahadir Ozdemir and Abraham Burak, is the world's first and largest eSIM marketplace. It offers eSIM packages for 200+ countries and regions, enabling travelers to instantly connect to mobile networks at their destination. With millions of users and a global team spanning 55 countries, Airalo is revolutionizing global connectivity and empowering travelers worldwide.#GOVentures #Airalo #startup #investment #growth

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We’re pleased to share our feature in Bloomberg NewsOur CEO, Nikhil Patil, met with the media outlet to discuss how Malta as a nation can benefit from AI adoption to overcome naturally imposed conditions such as skills shortage due to a smaller population.Link to PDF in post below.The article also talks of adoption at our parent company GO plc.“GO, the leading telecom provider in Malta and one of the largest public companies in the country, is increasingly relying on AI to handle day-to-day tasks. AI tools now create about 20% of all marketing content for the company and about 30% of the code written. GO uses generative AI services to draw up all its legal contracts, which then get vetted by humans. And GO wants all of its 1,100-plus employees to learn to use generative AI to be more productive.”Malta has previously set AI adoption on the islands as a national agenda. At GO Ventures we invest in companies that we believe we can help grow, in some cases even use as a customer. One of our AI investments is ToumAI, a a Morocco-based startup that uses AI to understand customer behavior and obtain feedback in seven languages. ToumAI is now deploying its multilingual voice bots to provide better customer service to GO's subscribers.Thanks to Saritha Rai for covering our group and islandBloomberg Article:https://lnkd.in/ghjVq8ZYPDF: https://lnkd.in/gi2tpB9R#GOVentures #Malta #AI #startup #investment #innovationBloomberg News, Bloomberg Cities, Bloomberg Intelligence

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Malta is shaping itself to be a invetsment fund hub#GOVentures #malta #startup #investment #vc #venturecapital

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Here are some resources from the top VCs in the worldLearn tips from Khosla Ventures, a16z, Founders Fund, Sequoia Capital, and Index Ventures Thanks to Guillermo Flor for sharing#GOVentures#venturecapital #vc #startups

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