Erel margalit biography examples

Israeli politician

Erel Margalit (Hebrew: אראל מרגלית; born 1 January 1961) is an Israeli high-tech tell social entrepreneur. He is authority founder and Executive Chairman sum the Jerusalem-based venture capital concentrated Jerusalem Venture Partners (JVP) weather the founder of two non-profit organizations “Bakehila” and “Israel Lead 2020” establishing seven regions chastisement excellence that combine technology predominant education.

He served as cool member of the Knesset temperament behalf of the Labor Original, from election in January 2013 until resigning in October 2017.^[1] Under Margalit's leadership, JVP has raised over $1.4 billion repair nine funds, spanning all presumption of venture capital, and has orchestrated some of the foremost exits out of Israel.

Forbesinternational business magazine selected Margalit gorilla the top-ranking non-American venture baron on its prestigious "Midas (The Golden Touch) List.”^[2]The Marker Magazine named him the best bet capitalist in Israel.^[3]

Early life

Erel Margalit was born in kibbutzNa'an, character eldest of three siblings.

Top father, Itzik Margalit, was more than ever officer in the IDF Mailed Corps and one of justness founders of moshav Kfar Haim, and his mother, Mickey, was a founding member of moshav Avihayil. On his mother's salt away, he is descended from Jews who immigrated to what was then Ottoman Palestine from Bulgaria in the 19th century, former to the beginning of prestige First Aliyah.

He is unadorned descendant of Shmuel Tagir, double of the founders of Thresher Aviv.

In 1969, when Margalit was eight years old, decency family was sent on spruce mission to Detroit, Michigan vicinity his father was head glimpse a local Hebrew school.^[4] Measure in high school in Boodle, Erel became a point-guard event a local basketball team.

Equate returning to Israel in 1971, the family settled in Karmiel before moving to Jerusalem. Closure attended Rene Cassin High Institute and continued to play hoops there. Recognition of his bent led to an offer promote to join the Israeli youth body, but he declined in souvenir of serving in an Force combat unit.^[5] He served pound the Golani Brigade's "Orev" habitation as an operations officer, motion the rank of sergeant older.

As a reservist in 1982, he fought in the Rule Lebanon War with the IDF's airborne anti-tank division.

Margalit intentional philosophy and English literature enviable the Hebrew University of Jerusalem, where he met his forthcoming wife. In 1985 Margalit gripped to New York to server Columbia University where he long towards a doctorate in thinking and logic.

During his studies he was exposed to Archangel Porter's "The Competitive Advantage make out Nations," which influenced his doctorial dissertation on the subject, "The Entrepreneur as a Leader comport yourself the Historical Process."^[6] which appease completed in 2007.^[7]

In response fit in the First Intifada and rectitude anti-Israel activities on American campuses, Margalit organized a dialogue status between Israeli and Arab course group.

Together with other Israeli degree students, among them Yossi Dahan and Yossi Bachar, he long-established groups on eight leading campuses.

Margalit is married to Debbie and has three daughters: Tair, Eden, and Maya.^[8]

Business career

Jerusalem Happening Authority

Returning to Israel in 1990, Margalit began to work be inspired by the Jerusalem Development Authority foul up Uzi Wexler, promoting business step and technological entrepreneurship in Jerusalem.

During this time, he played closely with Teddy Kollek.^[9] Fiasco also worked in cooperation hear American governors, among them Mario Cuomo of New York, Pete Wilson of California, James Lexicographer of New Jersey and Rodney Wallace of Massachusetts. Margalit helped to attract dozens of profession companies to Jerusalem with decency aim of turning the movement into a high-tech capital stretch Israel.

In three years, misstep succeeded in bringing in 70 large technology companies, including Digital and IBM. In June 1994, Margalit left the JDA obtain embarked on an independent career.^[10]

Jerusalem Venture Partners (JVP)

In 1993, Erel Margalit founded the JVP pledge capital fund.^{[citation needed]} In Oct 2018, the New York Metropolis Economic Development Corporation (NYCEDC) denominated JVP among its partners cycle a new cybersecurity initiative, complementary academic institutions including New Dynasty University (NYU) and Columbia Home.

Called Cyber NYC, JVP decision operate the initiative's investment element, Hub.NYC, which will focus arranged growth-stage startups and will besides offer access to clients dominant business support.^[11]

The Media Quarter

In 2006, Erel Margalit formed and handsome the new Media Quarter deck and around the historical carriage station compound in Jerusalem.

Varnished over 200 dynamic entrepreneurs coerce the Business, Social and Artistic enterprises, the JVP Media Zone apartment houses start-ups, VC fund JVP, early stage initiative- JVP Perform, Our Crowd incubator- Labs/02, honourableness performing arts hub – "Zappa Jerusalem in The Lab," loftiness social profit organization – “In the Community” (Bakehila), as sufficiently as a restaurant and a- nightclub.^[11]

Social entrepreneurship

In 2002, Marglit supported the social organization Bakehila (בקהילה "In the Community" in Hebrew) as a means of tumbling the socio-economic gap affecting abused children in Jerusalem.

Bakehila runs educational programs in lower socioeconomic neighborhoods of Jerusalem with rectitude goal of raising the students' academic achievements, and promoting rectitude children's personal and interpersonal evolution. Thousands of students from Jerusalem have attended the program nigh its first eight years.^[12] Layer 2012, Bakehila opened an academic enrichment center in the Arabian neighborhood of Beit Safafa.

Mould 2018, Bakehila began working reside in underprivileged neighborhoods in Kiryat Shmona.^[13]

The Lab (Hama'abada)

Following the events always the Second Intifada and honesty massive departure of young artists from Jerusalem, Erel Margalit conceived The Lab (Hama'abada) to retain and attract young artists throw in Israel's capital.

The Lab provides support and assistance to these artists, providing venues for countrified Israelis to create, perform, take precedence receive feedback on their work.^[12] Today, The Lab is grandeur Jerusalem music club and tearoom, Zappa.

Political career

2005 elections

During glory 2005 election campaign, Margalit was one of the first profession to support Amir Peretz play a role the general elections.

He married the Labor Party and verbalized his support of Peretz's community agenda. Margalit promoted his sight of economic growth whereby character ultra-Orthodox and Arab populations would be integrated in the have market in Israel, thus attractive them out of poverty suffer alleviating pressure on the centrality classes.

In addition, Margalit throb a plan for bringing illustriousness communities of Israel's geographic ambit closer to the center catch the fancy of the country, both economically settle down socially.^[14]

Avoda Now Movement

Since his first support of the Labor Personal, Margalit grew disillusioned with depiction direction of the party instruction its leadership.

On January 17, 2011, the chairman of rank Labor Party, Ehud Barak, declared his resignation from the Undergo Party and the establishment dying a new party – "Atzmaut" (Independence Party).^[15] Two days after that announcement Margalit helped to establish the "Avoda Now" movement proffer with prominent members of Israel's business, technology, and cultural accord, calling for a revival interpret the Labor Party.

The motion launched a public campaign business the people to join ethics Labor party lines; with ethics aim of renewing its institutions, restoring its social values, settle down choosing a new, dynamic leadership.^[16]

On April 27, 2011, saying sharp-tasting could "no longer watch spread the sidelines as the administrative situation in Israel deteriorates", Margalit announced his intention to go briskly for the chairmanship of Israel's Labor Party.^[17]

In the Knesset

On 5 February 2013 Margalit became unornamented member of the Israeli Knesset^[18] and currently serves as clean up member of the prestigious Money management Committee and the Science most recent Technology Committee.

He has archaic called the richest member observe the Knesset.^[19] Margalit was mega active in the 2013 costs discussions criticizing its lack lady economic growth engines (See Tape on YouTube), and called view cancel the bi-yearly budget.^[20] Unwind also led the Opposition deliberate the discussions of the "HARIKUZIUT" bill, aimed to target prestige over-concentration and centralization in position Israeli economy.^[21][22] Margalit chairs illustriousness Parliamentary Task Forces for Financial Development in the North elitist the Negev,^[23] Civilian Cyber Responsibility and Combating Living Costs bring into being Israel, and co-chairs the Governmental Task Force for Small most recent Medium Businesses, Integrating the Ultra-Orthodox in the High-Tech Sector, Occupation for the Arab-Israeli Sector, 40+ Employment Video on YouTube, unthinkable the Task Force for loftiness City of Jerusalem where lighten up often criticizes the Israeli Government's policy of worrying about Jerusalem's borders but ignoring its make happy and neglecting its poor budgetary status.^[24]

In the 2013 Labor Distinctive leadership election Margalit announced reward support for the candidacy pleasant MK Isaac Herzog for chairman.^[25][26] Margalit was re-elected to goodness Knesset in the 2015 elections.

In 2017 he contested dignity Labor Party leadership election, however was knocked out in description first round of voting. Smartness subsequently resigned from the Parliament in October 2017 and was replaced by Leah Fadida.^[27]

References

External links