“Turkey is mostly well known for its blue sea, amazing history, and nice weather. Under that beautiful scenery, thousands of tech startups, qualified engineers, and ambitious founders lie. The tech ecosystem in Turkey is growing faster than any country. The market has most of the requirements which a tech company is looking for. I call this “hometown” rule. Turkey is an ideal place to establish your tech company, hire talented people, test and polish the product. For sure, thanks to its location, it’s the most ideal place to scale up the tech company to Europe, Russia, Middle East, and Africa. Despite its strong sides and huge growth potential, the global large funds have not discovered the market yet. Obviously, there is a clear opportunity for the investors. I believe, Turkish tech companies will dominate the markets soon, especially in Europe, Middle East, and Africa Region in the next 10 years”.
An interview with Bariş Özistek,
General Partner at Bogazici Ventures,
about “The state of Turkish Startup Ecosystem”,
for Investment Office,
Presidency of The Republic Of Turkey
