The way immigrant-owned small businesses sustain relatives back home is a testament to entrepreneurial ingenuity underscored as the political unrest unfolds in Egypt.
Take Sharif Alexandre, the 38-year-old Egyptian-born founder of an electronic payment service in Philadelphia called Xipwire. He’s betting technology like his – which lets people send secure payments within the U.S. using mobile phones – will help centralize money for delivery to Egypt.
Reuters is looking for candidates for the “accidental entrepreneur” column. Contact me offline.
As much as 60 percent of the social media network’s estimated worldwide revenue of $1.86 billion in 2010 was gleaned from self-service ads, according to a new study from eMarketer, which specializes in digital market research.