ON THE SPOT
4Sight brings together digital entrepreneurs looking for path to stock-market validation
Business Day speaks to co-founder and CEO Antonie van Rensburg
4Sight Holdings, which bills itself as a technology pioneer in fourth industrial revolution, is planning to list on the JSE’s AltX next month, and is hoping to raise R300m from investors – presumably those who are comfortable with concepts such as bio-informatics, econometrics, artificial intelligence (AI) and block chain. Business Day spoke to its cofounder and CEO, Antonie van Rensburg. Warren Buffet exhorts us to invest in businesses we understand … if you had to explain yourselves to a simple retail investor, what are you? 4Sight invests in Industry 4. So the fourth industrial revolution is turning your physical world into a digital one through sensors, data analytics, etc. Now we acquire companies that create intelligent algorithms in those digital worlds which allow you to make better decisions — whether you need to make more money, increase productivity — those are the type of algorithms in which we invest. To give you a practical example, our main acquisition that we’re taki...