What VCs Actually Look For in the Middle East | Hasan Haider

In this episode, I sit down with Hasan Haidar, Founder and Managing Partner of Plus VC, one of the Middle East's most active early-stage venture capital firms. Having invested in more than 250 startups, Hasan shares the unconventional principles that guide his investment decisions, and why he believes ideas are worthless without execution.We discuss how Plus VC backed companies like Calo and Floward, why Hasan ignores traditional startup metrics like TAM and five-year financial projections, what separates extraordinary founders from everyone else, and the future of the MENA startup ecosystem, AI, and venture capital.Whether you're a founder raising capital, an investor, or simply interested in startups and entrepreneurship, this conversation is packed with practical insights and contrarian wisdom.Plus VC Website: https://plus.vc/Topics covered:-What VCs really look for in startup founders- Why execution beats ideas every time- How Plus VC evaluates early-stage startups- The truth about TAM, pitch decks, and financial projections- AI startups, venture capital trends, and the future of MENA tech- How to build a billion-dollar company in the Middle East00:00 Intro01:00 Why Hasan Invested in Calo and Floward05:28 The Traits of Extraordinary Founders12:32 Why Most VCs Get It Wrong15:19 Why Startups Really Fail21:05 "Ideas Are Worthless"28:01 The Future of the MENA Startup Ecosystem38:00 AI, Startup Trends & What Founders Should Build45:20 Hard Lessons from 250+ Startup Investments49:18 Advice for Founders Raising Capital