onsi sawiris hof capital

Email Finder Top Companies Company Search People Search Solutions About Us. He started out in agriculture, before switching to construction and becoming one of the country’s largest contractors. View Onsi Sawiris's business profile as Co-Founder & Managing Partner at HOF Capital. What is Onsi Sawiris’s role in HOF Capital? He holds the position of Chairman of Italiaonline SpA and Managing Partner at HOF Capital Management, LLC. Yacoub: Pandemic-resilience will become a criterion in the sense that investors will now be even more focused on investing in founders who are capable of fending off threats to the company by any means necessary. What do you think is the impact of the Covid-19 outbreak on VCs, especially those in Mena? Too much competition in a given market usually leads to market fragmentation, followed by price wars, compressed margins for all players, and dispersion of the best talent among too many companies. Please check your email to confirm your subscription. Sawiris entstammt einer wohlhabenden koptischen Familie. scooters), physical retail, and travel/hospitality to be most impacted, since these businesses tend to be capital-intensive, have low gross margins, and are heavily affected by social distancing measures. The number of deals has fallen as well, though not as sharply as the volume of funding, suggesting that average round sizes are shrinking. LEARN … Sign up to receive our weekly digest of stories, op-eds, events and more updates. Ihm gehört zudem ein ägyptischer Fernsehsender. Onsi Naguib Sawiris founded HOF Capital Management, LLC and Energal SRL. Founded by Fady Yacoub, Hisham El Haddad, and Onsi Sawiris in 2015, HOF Capital’s portfolio includes Niantic, Epic Games, UiPath, and HeadSpin. Juni 1954 in Tahta, Ägypten) ist ein ägyptischer Milliardär. Nardine Farag - TV Presenter and Actress. HOF Capital, the global venture firm focused on transformative technologies, has raised $26M for its Capital Growth Opportunity IX fund according to a recent SEC filing. 10:30 AM Break. Past crises have inspired entrepreneurs to build new innovations, and also led to consolidation of capital and talent towards the most promising companies. In contrast, challenging times usually lead to market consolidation, followed by increased pricing power, stronger financial performance, and higher concentration of the best talent among surviving companies. Nassef Sawiris of Egypt is the second richest person in Africa with a net worth of $8.5bn. Onsi Sawiris - Managing Partner, HOF Capital. These are the best ones selected among thousands of others on the Internet. Author: With that said, we doubt that the pandemic will kill off investment in these sectors entirely. Yacoub: Founders will need to be more conscious than ever to maintain a reasonable cash burn, and if possible, achieve profitability. Some startups in these sectors will inevitably shut down. Founders Fady Yacoub, Hisham Elhaddad, Onsi Sawiris; Operating Status Active; Hub Tags Crunchbase Venture Program Investor Type Entrepreneurship Program Investment Stage Early Stage Venture, Initial Coin Offering, Late Stage Venture, Secondary Market, Seed, Venture Number of Exits 1; Contact Email nyc@hof.capital; Phone Number (646) 503-5030; HOF Capital is a venture capital … Access Onsi's Contact Information . Portfolio; Team; Ethos; Blog; Careers; Portfolio; Team; Ethos; Blog; Careers; We help founders build enduring companies. Onsi Sawiris is a Co-Founder and Managing Partner at HOF Capital, where he focuses on cloud-based technologies, fintech and enterprise SaaS. Onsi Naguib Sawiris is Co-Founder & Managing Partner at HOF Capital, Inc. View Onsi Naguib Sawiris’s professional profile on Relationship Science, the database of decision makers. We expect that this pandemic will be no exception. Hence, the startup founders that can quickly adapt to this challenging time and solve the new problems that have arisen will likely find themselves building the next generation of category-leading businesses. Previously, Onsi was the Board Member at Italiaonline S.p.A and also held positions at Anapua FM... Read More, Profiles With a Similar Job Title And Industry, Profiles With a Similar Job Title And Location. He founded Orascom Construction in 1950. The most detailed guides for Onsi Sawiris How To are provided in this page. Naguib Sawiris (auch Naguib Sawires, arabisch نجيب ساويرس, DMG Naǧīb Sāwīris; * 15. We show you stories worth sharing that are shaping the future of the Middle East & North Africa. Cherine T. Magora - Head of Strategic Partnership, Middle East, Africa & Pakistan, TikTok HOF Capital is a technology venture capital firm. Onsi Sawiris. Sawiris currently sits on the boards of Drop Technologies, ItaliaOnline, Riverbank, OPTii Solutions, Mach Music, and is a Board Observer at Orascom TMT Investments. Elhaddad: Companies with unprofitable unit economics are likely to struggle most severely, since these companies may find that follow-on funding is unavailable when next they need it. In the post-Covid-19 world, the startups that are able to survive and grow will likely find themselves with greater pricing power than before and an even higher proportion of the best talent in the industry, enabling them to become even more successful than they would have been in a pre-Covid-19 world. We do caution founders that in a more austere fundraising environment, they should expect to see some VCs offer term-sheets with more aggressive anti-dilution and liquidation preference clauses, and that they should think carefully about the potential long-term implications of these terms before accepting offers. Er ist Vorstandsvorsitzender und größter Aktionär des ägyptischen Mobilfunkunternehmens Orascom TMT, das in mehreren Staaten Afrikas, des Nahen Ostens sowie in Südkorea tätig ist. Onsi Sawiris, managing partner, HOF Capital, lead investor on the Series B investment round: “I’m a Facebook user and an Instagram user, and these guys are just monetizing my data left and right, without much transparency. The filing indicates that there were thirty LPs. New York City, New York, 10011, Seine Familie baute das Ferienresort Al-Guna n… Venture capital in Africa and the Middle East had seen promising growth in the years leading up to the pandemic, with 2019 marking a watershed year for these ecosystems with Uber’s $3.2bn acquisition of Careem as well as record-setting funding volume. Share . HOF Capital GGI Fund, L.P. /s/ Onsi Sawiris: Onsi Sawiris : Managing Director and Director: 2016-01-19: HOF Capital GGI Fund (Cayman), L.P. /s/ Onsi Sawiris: Onsi Sawiris: Managing Director and Director: 2016-01-19: Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. Own your online presence by claiming your ZoomInfo profile, 100 11th Ave, New York City, New York, 10011, United States. 9:45 AM Institutional LP Discussion: A Growing Appetite for VC in MENA Abbas F. (“Eddy”) Zuaiter, Managing Member, Zuaiter Capital Holdings Zineb Guessous, Managing Partner, Almena Partners Mohammad Al Duaij, CEO, Alea Global Group. We succeed as a firm if and only if our founders achieve their missions, and a pandemic does not change this fact. We expect certain sectors like coworking, micromobility (e.g. 100 11th Ave, Yacoub: Challenging times inevitably bring new problems that need to be solved, leading to the creation of new market opportunities and the accelerated growth of some existing ones. Sawiris: In the post-Covid-19 world, VCs will no longer be able to achieve superior returns through a momentum investing strategy, and will instead need to diligently search for investment opportunities that have asymmetric risk-reward profiles, many of which may be non-consensus bets. We anticipate that the YoY drop-off in investment volume will be even steeper in Q2 and Q3. Learn more, Wamda is licensed under a creative commons attribution-nonCommercial - noDerivs 3.0 unported license. Sein Vater Onsi Sawiris begründete 1972 das Unternehmen Orascom.Seine älteren Brüder sind Naguib Sawiris (* 1954) und Samih Sawiris (* 1957). It is likely that by the time this pandemic finally ends and the global economy begins to recover, these markets and others will have significantly consolidated. He holds the position of Chairman for Italiaonline SpA and Managing Partner at HOF Capital Management, LLC. Onsi Sawiris’s colleagues are Christopher Wan, Penny Chenh, Hisham Elhaddad, Karim Fattal. Our Partners. Onsi Sawiris is a Co-Founder and Managing Partner at HOF Capital, where he focuses on cloud-based technologies, fintech and enterprise SaaS. Dunya Hassanein. Those offers have now led to a big offer from VCs, to the tune of a $44 million Series B round of capital led by Onsi Sawiris of HOF Capital. Onsi Sawiris works in the industry of Venture Capital & Private Equity, Finance. Thank you! Many of the economies hit the hardest by oil prices have been among the largest LPs in recent years, so if the price wars continue and these nations scale back their investment in VC, it could have a significant impact on the ecosystem, especially at the growth stage. Founded in 2015, HOF Capital venture capital firm headquartered in New York, New York with regional offices based in San Francisco and London. In this interview, the three co-founders share their thoughts on the impact of Covid-19 on the investment landscape in the Middle East and North Africa (Mena). Many of the most successful technology companies today were started or built during challenging times. Please check your email to confirm your subscription. HOF Capital is a global venture capital firm headquartered in NYC. In addition, we expect that investors will prioritise startups that do not require any large gatherings and minimal in-person interaction to execute their business models. This means that even founders who are in a position to raise successfully will need to plan to run their businesses at a lower cash burn rate. Onsi Sawiris’s peers at other companies are Bryan Colwell, Marcio Cabrera, Jordan Nof, Christopher Gaffney, Jackson Giles. He sits on the boards of ItaliaOnline (BIT:IOL), Voltaire Capital, Digital World Capital, Mach Music, World Capital Services, DADA (BIT:DA), and is a Board Observer at Orascom TMT Investments. Sawiris, the youngest of Onsi Sawiris sons ― Naguib and Samih ― moved up from the fourth spot in 2019 to the second spot in 2021 with a 13.3 per cent increase in his wealth. Therefore, while VCs in these regions should proceed cautiously, they may be less likely to experience down rounds and write-offs than those in other regions. Onsi Sawiris is a Co-founder and Managing Partner at HOF Capital, where he focuses on data analytics, cloud-based technologies, and machine learning. It focuses its investments on nascent technologies that have the potential to solve big societal problems and counts Uber and Alibaba among its portfolio of investments. Many investors fear that even after lockdowns are relaxed, consumers will shy-away from public gatherings for the next few years in order to protect their health. Is this a moment of convergence or divergence of interests between founders and VCs? Mastercard in NYC. We seek to invest in founders with the ambition to build category-leading businesses in large, fast-growing markets. HOF Capital The Company invests in early stage technology companies in digital payments infrastructure, mobile platform, education, e-commerce, and online ticket booking sectors. Amir Ramses - Artistic Director, El Gouna Film Festival. Onsi Sawiris is the patriarch of Egypt's wealthiest family. • 20 May, 2020. In addition, the Royal Bank of Canada joined the round as a strategic investor. Mr. Onsi Sawiris Advisor to the Board In 1976, Mr. Onsi Sawiris founded Orascom, a leading private sector contractor working in partnership with international companies. HOF Capital is a global technology investment firm that leverages its global limited partner network to help founders build massive businesses. Onsi Naguib Sawiris is an American entrepreneur who founded Hof Capital, HOF Capital Management, LLC and Energal SRL. 10:45 AM Showcase Pitches and Discussion. Shereen Reda - Actress. Thousands of others on the amounts that will be no exception what is Sawiris... Build category-leading businesses in large, fast-growing markets round as a strategic investor create massive, enduring businesses,. Work history, and also led to consolidation of Capital and talent towards the most successful technology companies were. 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