Fady Yacoub

Fady Yacoub General Information

Description

Mr. Fady Yacoub is a Co-Founder and serves as Partner at HOF Capital. He is a Co-Founder & serves as an Investor at Foundation Ventures (Egypt). He co-founded FoundersMedia. He is also an Angel Investor. Together with Hisham El Haddad, he created a Hong Kong-based SPV to invest in the record-setting IPO of Alibaba. The SPV received a stock allocation at a discount with a 3x margin and was successfully exited with a 76% return in two months. He worked previously at Digital World Capital, a technology-focused hedge fund, helping the firm to expand its investment portfolio in Asia, including a sizeable investment in Baidu, the world's second-largest online search engine. Along with Hisham, he also invented the drümm device, an IoT-enhanced wearable that allows for haptic communication, after participating successfully in Switch SuperNap's technology accelerator in Nevada. Earlier in his career, He held multiple positions at El Tholathia Corp Egypt (ETC). He led El-Tholathia Corp's (ETC Egypt) industrial development team in deploying a new home appliances factory in Sudan for a $8m initial cost. Through ETC's real estate development arm, he also facilitated the purchase of and subsequently led the development team for ~400,000 m2 on Egypt's North Coast, a project initially valued at ~$60m. He holds dual Bachelor's degrees in Business Administration & Psychology from the University of Southern California. He is also an Angel Investor.