Asher Siddiqui is a Partner at 500 Startups, dividing his time between Dubai and San Francisco, where he is leading the global flagship 500 Opportunity Fund – which plans to make investments in selected existing portfolio companies, to double down on “our winners”, typically at the Series B stage and onwards.
Asher brings extensive board and management experience to 500 and to the Opportunity Fund.
Asher was previously Head of M&A and later Head of Venture Capital at Etisalat Group (c. $43bn market cap, c. $14bn revenues c. $7bn EBITDA, c. $2.2bn net profit with credit ratings at AA-/A+/Aa3) where, for 10 years, he was part of the management team that led the transformation of Etisalat. He led over 36 advanced stage deals valued at approximately $34bn and closed 20+ transactions valued at c.$8bn (9 significant sized transactions and 12+ VC deals).
Asher started his career in the late 90’s and founded several startups in the U.K. and the US.