4DX Ventures is an early stage venture firm focused on Africa. We partner with world class entrepreneurs leveraging technology to build transformative businesses.
Our evaluation criteria include:
Management team — We look for world class founders who are passionate about the problems they are solving, and possess the grit, focus, judgment, depth of understanding about their business & sector, and level of skill / experience that means they are the best team to go after this opportunity.
Size of the market opportunity — We look for businesses that are operating in multi-billion $ addressable markets where achieving $100mm in revenues over the next 5-7 years is a realistic possibility.
The vision for the business — We look for founders who have a big but realistic vision of the impact their businesses can have on the continent, and a clear plan for how they will get there from where they are now.
Quality and scalability of the business model — We look for business models with great unit economics, high expected returns on invested capital, strong network effects / scale advantages, and defensible moats.
Traction and what has been built so far — We give a lot of credit to businesses who have proven that there is demand for their products.