For Egypt’s Startups, Unstable Government Is the Least of Their Worries
When the Egyptian startup Instabug launched its app last Summer, CEO Omar Gabr couldn’t believe how bad their timing was. Inside their office in Egypt’s capital, Cairo, they had just put out a beta version of an app that rapidly identifies glitches in software and lets users provide feedback on those glitches, and everyone lavished it with praise.
But outside, the streets were jammed with people violently protesting Egypt’s government, and the country was in the middle of a military takeover. It’s hard to talk about business opportunities when the nation’s future is murky at best.