Hossam Shafick judges whether a company is ready for Series A by looking at its profit margins, noting that a SaaS business with 80%+ margins can look mature around $1M in revenue, while lower-margin companies need much more revenue to show the same level of readiness. He also takes a grounded view on exits, pointing out that many MENA startups are better suited to being bought by larger companies for around $50M–$300M than to going public right away, given the realities of smaller stock markets and currency liquidity outside the Gulf.