<b>Elizabeth Horn Ozden: angels and amazons</b>
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<b>Elizabeth Horn Ozden: angels and amazons</b>

Headline: Elizabeth Horn Ozden: angels and amazons
Source: Euromoney
Date: February 2001
Author: Metin Munir

“I got the money to start my company from angels,” says Elizabeth Horn Ozden with an ethereal smile and, for an instant, I imagine that I am about to be made privy to a miracle.

       

I imagine plump, bare-breasted venture-capitalist angels delivering sacks of used dollar bills in the small hours to finance TaluHorn Limited, of which my interlocutor is a shareholder and director. A Turkish crescent hangs over the Bosphorus above the silhouette of slim minarets. Wrong. In Turkey, as in the US, angels are high-net-worth individuals willing to invest in internet start-ups in the hope that they will be wildly successful.

“They believe in you when no-one should,” explains Ozden. “They believe in your dream. They give you money.” The first money thus given is seed capital of which Ozden and her Turkish partners received $1.2 million from American, European and Turkish angels.

Ozden, who belongs to an old Texas family, came to Turkey in 1992 after she married a Turk.










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