We talk about Adapt VCs global mandate, DD at early stages, working with his brother and more!
To date, they have portfolio companies in the US, Europe, Latin America, and the Middle East. Their passion for venture capital emerged after exiting direct-to-consumer brand Sugar while in university, after which, the brothers spent time in Silicon Valley, London, and Abu Dhabi, investing at various venture funds focusing on investing from Pre-seed to Series A.
Ammar and Mohammed are the Founding Partners at Adapt Ventures. Their entrepreneurial ambitions started early when they re-sold American candy bars in middle school in the Middle East and milk tea out of their dorm rooms. They co-founded their first company, Sugar Clothing, out of their dorm rooms as 17 and 19 year old students, quickly becoming experts in marketing, brand strategy, and operations.
Passion is the first attribute we look for in a founder. No matter how promising the opportunity is, we don’t invest in founders without passion.
VCs have two big jobs to do: Invest in startups shaping the future of the world and generate big exits for their fund. Yet, if you look at the lionshare of funding, you’ll quickly see that most VCs are primarily betting on white, straight (cis) men based in Silicon Valley who graduated from Stanford.