Prototyping a New Mobile Phone

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In Jan 2014 I decided to take a break from running and growing Ayna, a company I founded 15 years, to decide if I should find VC partners to take it to the next stage or join an existing company and help grow it.

I do not like to be unproductive, so I pulled my personal to-do list, which holds all kinds of projects I would like to engage in, if I ever have time, it has things like: community service, developing (R2RAIN) Robot-to-Robot Artificial Intelligence Network, building my own aircraft and somewhere on the list a mobile phone. BTW if you like to help in any of these, please contact me. And that is where this article is about, prototyping a new mobile phone.

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Understading the Investment Landscape in Lebanon

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Lebanon is undergoing a favorable change when it comes to investments and especially for the information and Communication Technology (ICT) segment.

The Central Bank of Lebanon (known as BDL – Banque Du Liban) issued a circular on August 22, 2013 known as Circular 331 that reduces risk to Venture Capital Firms (VCs)  which guarantees 75% of their investment either directly into startups or into startup funds. This move is encouraging for fund managers and VCs to spend more money on startups in Lebanon.

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