Four Seasons Palo Alto, CA - TABC and Intel Capital organized a meeting with the distinguished members of the Silicon Valley's investment community, where President Gül had the opportunity the explain the current investment climate in Turkey and the new financial reforms in the pipeline. President Gül said

"The investment climate has changed in Turkey significantly, the rules of investing in Turkey became more friendly. Before these reforms FDI Turkey has seen never exceeded $1 billion annually, now it is $80 billion. But we are still aware of what needs to be done, and we will do some more fine tuning to make Turkey more attractive. I personally do not see a meaningful barrier for investors to not to choose Turkey - I welcome all of you to come experience Turkey."

Turkey a recent rising star in the Middle East has been attracting attention from the Venture community for the last few years. Investments from Intel Capital to Nokta.com and Grupanya as well as the $50 million investment from Kleiner Perkins and Tiger International to Trendyol has been the talk of the investors in the region.

Investors from Intel Capital, Andreessen Horowitz, Kleiner Perkins Caufield & Byers, DCM, Clearstone Ventures, Colony Capital, SVB Capital, Adams Capital Management, Sequoia Heritage, and Felicis Ventures were present in the meeting. TABC  President Efe Orhun and our new Treasurer Ayşe Çetinel were also present at the meeting.