Taxi medallion to "The Washington Post", medallions were "the best investment in America", but—due to increased competition from app-based car services and transportation network company growth from companies like Uber and Lyft—taxi medallions are now decreasing in price. In 2013, the price of a medallion was $625,000. In 2014, that price had risen to around $700,000. In 2014, a medallion was worth nearly $700,000. The total value of all medallions and assets related to them had a value of $2.5 billion in Chicago in 2013. In 2012, medallion prices ranged from $87,000 to $385,000. In 2015, Chicago's average medallion price was under
Habib Haddad entrepreneurship ecosystems across the MENA region. He also served as a Venture Partner of Wamda Capital, a growth capital VC fund, with investments in startups like taxi-hailing app Careem and LittleBits Habib Haddad Habib Haddad (born 1980) is a serial entrepreneur and early stage investor. He is currently the President and Managing Director of the E14Fund that invests in spin-offs from MIT. Haddad has founded a number of tech companies including Wamda, Yamli (Yahoo! licensed the technology in 2012), YallaStartup, and others. He has been named by the World Economic Forum as a Young Global Leader in 2009 and as