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Ramy Adeeb, reading to disperse advice. (Image via Ramy Adeeb)

When Ramy Adeeb sold his startup, a news article curation site Snip.It to Yahoo! at the start of 2013 he’d already had a career as a software developer, worked at a VC and raised two rounds for his own startup.

He’s currently working on a new startup, and for the moment he can only say it’s “in the SMS space”.

At a recent TechWadi event in Beirut Adeeb stated that there were three things essential to building a company: build something people want, hire people you would work for, and don’t run out of cash.