Dear Community:

We have recently shared success stories of the Armenian technology companies (Picsart, 10Web and TUMO – see above). So, we wanted to take a moment and once again emphasize the importance of technology innovation for Armenia.

To do that we compared the revenues of Tinder (many of us are celebrating Valentine’s Day today, huh?) and SOCAR (State Oil Company of the Republic of Azerbaijan).

According to public sources in 2022, Tinder made revenues of 1.8 bln USD, which is 72% (!) of SOCAR’s revenues in the same year (2.2 bln USD).

So, our message of the day is that tech should be the Valentine of Armenia 😘.

We should continue focusing on tech development. Tech, innovation and the brains are the “oil” of the modern day. Let’s double, triple our efforts in developing the tech scene in Armenia.

Happy Valentine’s Day ❤️

https://t.me/threenstartups

#editorial