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. Onsi Sawiris Co-Founder & Managing Partner Onsi Sawiris Co-Founder & Managing Partner Onsi Sawiris is a Co-Founder and Managing Partner at HOF... Sawiris Foundation for Social Development. Cherine T. Magora - Head of Strategic Partnership, Middle East, Africa & Pakistan, TikTok We assist entrepreneurs in increasing their global footprint by exposing them to our diverse network of partners across the industry. Onsi Sawiris is a Co-Founder and Managing Partner at HOF Capital, where he focuses on cloud-based technologies, fintech and enterprise SaaS. Will “pandemic-resilience” become a criterion for investment? United States. Elhaddad: Data suggests that global VC investment volume fell by around 8 per cent year-on-year (YoY) in Q1 2020, a statistic which likely understates the eventual impact on funding, since many investors did not appreciate the severity of the pandemic until late February or early March. 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. 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. This certainly holds true for the current Covid-19 pandemic, which for the first time in modern history has caused the majority of people in affected countries to socially isolate themselves, resulting in the accelerated adoption of technologies needed to survive in such a world, such as those enabling or related to remote working, telemedicine, e-commerce, digital payments, and robot-powered delivery. HOF Capital is a global venture capital (VC) firm founded in 2016 by three Egyptian entrepreneurs, Fady Yacoub, Onsi Sawiris and Hisham Elhaddad. At least if I’m signing up for Drop, I know that if they’re using my data I will get something in return.” Founded by Fady Yacoub, Hisham El Haddad, and Onsi Sawiris in 2015, HOF Capital’s portfolio includes Niantic, Epic Games, UiPath, and HeadSpin. Portfolio; Team; Ethos; Blog; Careers; Portfolio; Team; Ethos; Blog; Careers; We help founders build enduring companies. 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. Co-Founder & Managing Partner at HOF Capital. We expect certain sectors like coworking, micromobility (e.g. Thank you! He holds the position of Chairman for Italiaonline SpA and Managing Partner at HOF Capital Management, LLC. Dunya Hassanein Sawiris: It’s too early to say with certainty, but we do expect it to become more challenging for VCs to fundraise in the region. View Onsi Sawiris’ profile on LinkedIn, the world’s largest professional community. We seek to invest in founders with the ambition to build category-leading businesses in large, fast-growing markets. He is also Managing Partner at Hof Capital and on the board of 6 … Sawiris: Fundamentally, we believe that our interests at HOF are as aligned with founders as they have ever been. 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 … HOF Capital General Information Description. Onsi Sawiris, Managing Partner, HOF Capital. 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. Founders who are perceived as overly lax or generous may find that they have a much harder time fundraising than they did in the bull market. Onsi has 15 jobs listed on their profile. LEARN … 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. HOF Capital is a global venture firm with offices in New York, San Francisco, and Cairo that is focused on transformative technologies. Shereen Reda - Actress. He founded Orascom Construction in 1950. Professor of Economics. Please check your email to confirm your subscription. 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: 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. One positive for startups that can successfully raise is that challenging times also lead to less competition. Learn more, Wamda is licensed under a creative commons attribution-nonCommercial - noDerivs 3.0 unported license. Onsi Naguib Sawiris founded HOF Capital Management, LLC and Energal SRL. Sawiris entstammt einer wohlhabenden koptischen Familie. Nassef Sawiris (arabisch ناصف ساويرس, DMG Nāṣif Sāwīris; * 1961) ist ein belgischer Unternehmer ägyptischer Herkunft.. Leben. What do you think is the impact of the Covid-19 outbreak on VCs, especially those in Mena? Founded in 2015, HOF Capital venture capital firm headquartered in New York, New York with regional offices based in San Francisco and London. Sawiris currently sits on … View Profile. 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. Some startups in these sectors will inevitably shut down. Mastercard in NYC. Many of the most successful technology companies today were started or built during challenging times. Dunya Hassanein. 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. 10:30 AM Break. 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. With that said, we doubt that the pandemic will kill off investment in these sectors entirely. 100 11th Ave, Nardine Farag - TV Presenter and Actress. Find contact's direct phone number, email address, work history, and more. Please check your email to confirm your subscription. We actively support our portfolio companies by helping them secure revenue-generating partnerships with our LPs. Email Finder Top Companies Company Search People Search Solutions About Us. We expect that this pandemic will be no exception. Yacoub: Founders will need to be more conscious than ever to maintain a reasonable cash burn, and if possible, achieve profitability. What effect does the fluctuating oil price have on VCs’ ability to raise investment in the region? Information without innovation is just data, Onsi Sawiris’s role in HOF Capital is Co-Founder & Managing Partner, Onsi Sawiris’s email address is o***@hof.capital, Onsi Sawiris’s business email address is o***@hof.capital, Onsi Sawiris’s HQ phone number is (646) 503-5030, Onsi Sawiris’s latest education in BSc - Mechanical Engineering at Massachusetts Institute of Technology. Export. Seine Familie baute das Ferienresort Al-Guna n… Dr. Panu Kalmi is Professor of Economics at the University of Vaasa. 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. 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. WAYA | 1.886 følgere på LinkedIn. • 20 May, 2020. Own your online presence by claiming your ZoomInfo profile, 100 11th Ave, New York City, New York, 10011, United States. We show you stories worth sharing that are shaping the future of the Middle East & North Africa. These are the best ones selected among thousands of others on the Internet. 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. Who are Onsi Sawiris’s peers at other companies? Onsi Sawiris’s peers at other companies are Bryan Colwell, Marcio Cabrera, Jordan Nof, Christopher Gaffney, Jackson Giles. 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. HOF Capital The Company invests in early stage technology companies in digital payments infrastructure, mobile platform, education, e-commerce, and online ticket booking sectors. Nassef Sawiris of Egypt is the second richest person in Africa with a net worth of $8.5bn. As such, while startups and VCs in Africa and the Middle East will feel the negative impact of this pandemic, these ecosystems have tailwinds and new capital inflows that may cancel out the virus’ consequences to some extent. 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. 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. Which industry does Onsi Sawiris work in? 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). Onsi Sawiris works in the industry of Venture Capital & Private Equity, Finance. HOF Capital | 2,065 followers on LinkedIn | HOF helps ambitious entrepreneurs create massive, enduring businesses. Panu Kalmi Ph.D. Chairman Onsi Sawiris, the son of business mogul Naguib Sawiris, has an extensive record of his own in business, having worked as executive partner in HOF Capital, where he gained much experience in new technologies, including cloud computing and financial technology. In addition, the Royal Bank of Canada joined the round as a strategic investor. The number of deals has fallen as well, though not as sharply as the volume of funding, suggesting that average round sizes are shrinking. HOF Capital is a technology venture capital firm. Mr. Sawiris … HOF Capital is a global venture capital firm headquartered in NYC. What kind of pressure will that put on founders? 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. HOF Capital is a global technology investment firm that leverages its global limited partner network to help founders build massive businesses. He started out in agriculture, before switching to construction and becoming one of the country’s largest contractors. When we last caught up with CEO and founder Derrick Fung, Drop had recently raised its Series A from NEA. 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. Sign Up . Amir Ramses - Artistic Director, El Gouna Film Festival. What is Onsi Sawiris’s business email address? Onsi Sawiris’s colleagues are Christopher Wan, Penny Chenh, Hisham Elhaddad, Karim Fattal. Author: Juni 1954 in Tahta, Ägypten) ist ein ägyptischer Milliardär. 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