Investing in digital disruption: How Algebra Ventures became synonymous with tech startups
Algebra Ventures Managing Partners Tarek Assaad and Karim Hussein
From a background of senior positions at multinationals, Algebra Ventures Managing Partners Tarek Assaad and Karim Hussein are driven by a belief that tech and entrepreneurship can enable tangible change in a region where basic services can often be major inconveniences. Established in 2015, Algebra Ventures is a USD 54 mn venture capital fund that invests in early stage tech startups in the MENA region. The fund is the largest of its kind in Egypt.
Assaad and Hussein outline the most important features they look for in startups, including tackling big markets and possessing a strong management team, as well as the red flags they avoid at all costs. Our host, Patrick, sat down with Assaad and Hussein in December, before Covid-19 put us all on work from home.
DISCLAIMER: Algebra Ventures Managing Partner Ziad Mokhtar could not join us for this interview.
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