RCP #12 The African AI pioneer who sold his company for $700m, with Karim Beguir [InstaDeep]

RCP #12 The African AI pioneer who sold his company for $700m, with Karim Beguir [InstaDeep]

Karim Beguir is the co-founder and CEO of InstaDeep, a Tunisia/Africa-born company that grew into a global deep-tech AI powerhouse and got acquired by german biotech giant BioNTech for $700m.Timestamps:00:00 - In this episode00:53 - Introduction01:42 - Modeling protein folding with AI08:26 - Solving combinatorial optimization with AI12:58 - Identifying upcoming COVID variants with AI17:06 - Curing cancer with mRNA and AI?20:19 - Consulting model vs VC-backed startup?22:11 - From academic curiosity to commercialization24:30 - Overcoming the disadvantage of building from Africa27:09 - The upside of building from Africa29:01 - The reasoning behind partnering with BioNTech31:30 - Raising a Series C or getting acquired?35:01 - Preserving InstaDeep's DNA post-acquisition36:19 - Staying grounded despite fame, money, success37:43 - Making a lot of money messes with your brain?40:21 - What does Karim wanna do now?42:08 - Africa's role in the AI race45:59 - Karim's mistake46:55 - Karim's hardest decision47:21 - Karim's favorite (non-famous) founder47:42 - How to allocate a $100m investment in African tech?50:07 - Advice to African founders building in deep techReferences:Karim's book: 'LEAPFROG' - https://www.amazon.com/LEAPFROG-Building-Africas-Future-Era-ebook/dp/B0F2JBYB8DInstaDeep's research portal - https://instadeep.com/research/Nature Machine Intelligence's feature - https://www.nature.com/natmachintell/volumes/7/issues/6Listen on all platforms:Youtube - ⁠https://www.youtube.com/@TheRallyCapPodcastSpotify - ⁠https://open.spotify.com/show/3vUDH5yEH6pvRkqM1TVaxS⁠Apple Podcasts - ⁠https://podcasts.apple.com/ca/podcast/the-rally-cap-podcast/id1731710244⁠Where to find Karim:Linkedin: https://www.linkedin.com/in/karim-beguir-2350161/X/Twitter: https://x.com/kbeguirWhere to find Kyane:Linkedin: https://www.linkedin.com/in/kyanekassiriX/Twitter: https://twitter.com/kyanekassiriLearn more about Rally Cap: https://techcrunch.com/2022/05/05/rali_cap-gets-backing-from-global-vcs-and-launches-30m-fintech-fund-for-emerging-markets/

Avsnitt(14)

#14 A healthy and balanced founder is less likely to build a massive company, w/ Sheel Mohnot [BTV]

#14 A healthy and balanced founder is less likely to build a massive company, w/ Sheel Mohnot [BTV]

Sheel Mohnot is the co-founder of Better Tomorrow Ventures, one of Silicon Valley's favorite fintech investors. Previously, he built FeeFighters [acquired by Groupon], Innovative Auctions, and Thistle...

1 Feb 37min

#12 Ringing the NASDAQ IPO bell [$1b] to building the 'OG' fintech VC firm, with Jake Gibson [BTV]

#12 Ringing the NASDAQ IPO bell [$1b] to building the 'OG' fintech VC firm, with Jake Gibson [BTV]

Jake Gibson is a co-founder and GP at Better Tomorrow Ventures, Silicon Valley's coolest early stage fintech VC firm. Previously, he co-founded NerdWallet, a $1b publicly listed company.Timestamps:00:...

27 Nov 202538min

RCP #11 Backing Uber, Airbnb, Spotify (w Man Cap) then going all-in on Africa, with Hisham Halbouny

RCP #11 Backing Uber, Airbnb, Spotify (w Man Cap) then going all-in on Africa, with Hisham Halbouny

Hisham Halbouny is a managing partner at P1 Ventures, a $50m Africa-focused fund who's often referred to as contrarian. Hisham was previously a partner at Man Capital, the family office of Egyptian Bi...

24 Juli 202519min

RCP #10 Selling Expensya for $100m 😱💰, with Karim Jouini [ThunderCode]

RCP #10 Selling Expensya for $100m 😱💰, with Karim Jouini [ThunderCode]

Karim Jouini is the founder of Expensya, an expense management platform sold to Medius Group for $100m. Karim is now building his second company called ThunderCode: an AI testing agent for software te...

25 Mars 20251h 2min

RCP #9 From building Go1 [$3B] to leading Breega [$700m AUM] in Africa, with Melvyn Lubega

RCP #9 From building Go1 [$3B] to leading Breega [$700m AUM] in Africa, with Melvyn Lubega

Melvyn Lubega is a Partner at Breega, one of Europe's fastest-growing VC firms ($700m) which recently launched its first Africa-dedicated fund.This episode was recorded in October 2023.Timestamps:00:0...

20 Feb 202521min

RCP #8 Inside the mind of Saudi's leading early-stage investor, with Wael Nafee [Raed Ventures]

RCP #8 Inside the mind of Saudi's leading early-stage investor, with Wael Nafee [Raed Ventures]

Wael Nafee is a General Partner at Raed Ventures, the leading Saudi early-stage VC firm with $450m in AUM.This episode was recorded in October 2023.Timestamps:00:00 - In this episode00:49 - Introducti...

18 Jan 202523min

RCP #7 Setting the cornerstones of a fintech powerhouse, with Jacques Marco [Axis Pay]

RCP #7 Setting the cornerstones of a fintech powerhouse, with Jacques Marco [Axis Pay]

Jacques Marco is the founder and CEO of Axis Pay. The company raised a $8m seed round and is now one of Egypt's fastest-growing fintechs. Timestamps: 00:00 - In this episode 00:46 - Introduction 01:2...

12 Nov 202427min

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