My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Technology / Startups

The Investor's View: Is The App Boom Over?

The Investor's View: Is The App Boom Over?
Image credit: Shutterstock.com
Chairman, Jabbar Internet Group
1 min read
Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Lately, in the entrepreneurial and tech-centric media, there’s been some discussion on whether the app boom days are over, especially in light of the ever-climbing CAC costs reported by tech startups. We asked investors based in the Middle East, from angels to VCs, to talk back and give us their views on whether startups in the app space still have a chance to make it (and get looked at seriously for capital). 

THE Q What is your opinion on the idea that the app boom has already gone through a life and death cycle, and that it’s now an overly optimistic (and unlikely) area for entrepreneurs to succeed in?

“I don’t agree with this notion. I think mobile apps continue to grow and the success is dependent on the entrepreneur and the business idea and the execution of that idea. Today traffic and transactions have shifted towards mobile and continue to do so and entrepreneurs need to innovate and differentiate themselves in order for people to use their apps.”

Related: What Investors Look For When Evaluating Your Pitch: Samih Toukan

Closing The Gap: Bayut.Com Is Making Its Presence Felt In the UAE Property Tech Race