HRH Prince Khaled bin Alwaleed bin Talal, KBW Investments founder and Chairman, discusses app-based startups in Entrepreneur Middle East.
“It’s an amazing business model that can and only will get stronger with time the more people start developing specific solutions(…)It’s true that since inception to maybe a couple of years back, apps were generally thought of as revolutionary and practically any business with an idea and an app would get some kind of funding in various stages to the extent it would have nothing much but VCs and other entities lining up to back them.”