Aykut Karaalioğlu, the founder of Mobile Action, one of our local technology enterprises operating in Silicon Valley, is achieving a very successful sales process by including his company in a giant organization.

Karaalioğlu, who settled in the United States as soon as he graduated from university in 2011 and implemented the Mobile Action project, which provides detailed data, analysis and market research services to application developers, is reaching his great goal after a difficult adventure of 15 years.

The experienced entrepreneur, who officially announced the sale of his company in an exclusive interview with journalist Cüneyt Özdemir in San Francisco, states that the new giant company that emerged after the merger is preparing for an initial public offering (IPO) on the stock exchange with a valuation of 15 to 20 billion dollars.

Karaalioğlu also emphasizes that the recent artificial intelligence storm in Silicon Valley has completely changed the technology market and played a major role in bringing forward this historic sale.

Second Gold Rush in Silicon Valley: Artificial Intelligence Storm

San Francisco, known as the heart of the world technology ecosystem, is currently experiencing one of the most radical transformations in its history.

The fierce competition that used to take place through the smartphone ecosystem and application stores is being replaced entirely by artificial intelligence-focused systems.

Karaalioğlu defines this huge transition process as the “second gold rush period”.

Stating that artificial intelligence is not just a desire in this market dominated by giant companies such as OpenAI and Anthropic, the successful entrepreneur states that on the contrary, this technology creates a permanent and unshakable foundation.

According to Karaalioğlu, the artificial intelligence trend is progressing so strongly that if this were not the case, he says that he would prefer to wait a while rather than selling his company.

This new wave even raises real estate prices in the region by millions of dollars and makes San Francisco the most attractive center in the world for technology giants.

From Rejection from 100 Investors to a Billion Dollar Valuation

Karaalioğlu’s success story clearly proves that the entrepreneurship world in Silicon Valley is not as rosy as it seems from the outside.

When he first stepped into the region in 2011, he encountered serious problems. While he was looking for capital to realize his business idea, he received rejections from 100 different angel investors.

However, Karaalioğlu, who does not give up, adopts the strategy of “selling shovels to those looking for gold”. While people are always developing new portable applications, he produces tools that analyze how these applications will stand out in the market.

The entrepreneur, who stepped up the gear with the $2.5 million seed investment he received in 2016, is now becoming one of the key players of a giant technology consortium that will be listed on the stock market.

Karaalioğlu also reminds that Silicon Valley has turned into a brutal market today, and companies that were previously founded for 1-2 million dollars now need huge startup funds of 20-30 million dollars to compete.

Full Support and Future Vision for Turkish Entrepreneurs with Turks Tech

Not content with just growing his own commercial enterprises, Karaalioğlu also works hard to guide Turkish engineers and young entrepreneurs who come to America.

Inspired by the strong culture of solidarity that Indian and Israeli clusters have established among themselves in the valley, it is establishing a giant community called Turks Tech.

Today, this organization has turned into a huge network of 15 thousand people; It enables Turkish technology professionals to help each other in every field, from finding jobs to investor meetings, from experience transfer to housing problems.

Karaalioğlu plans to create at least 10 new Turkish “unicorns” (ventures exceeding a billion-dollar valuation) in the next 10 years.

The biggest dream of the entrepreneur is to host the giant technology leaders who shape the future of the world in Istanbul in the coming years, with a view of the Bosphorus.