He Invested in WeWork and Now Runs $150MM Israel Focused Fund, EP 291: Michael Eisenberg

Published: June 16, 2016, 3:03 p.m.

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Michael Eisenberg. Michael\\u2019s a canny investor who\\u2019s on the cutting edge of the VC scene in Israel. He invested in Wix and Conduit while working with Benchmark - now he\\u2019s set up his own firm, Aleph. Listen in to hear about Aleph\\u2019s investments in an AI dashcam, Michael\\u2019s journey from unemployment to top VC, and why scale-up is the new start-up.

Famous 5
Favorite Book? \\u2013 Good to Great
What CEO do you follow? \\u2014 Jeff Bezos
What is your favorite online tool? \\u2014 Gmail
Do you get 8 hours of sleep?\\u2014 No
If you could let your 20 year old self know one thing, what would it be? \\u2014There\\u2019s so much to do in this world. Keep working.

Time Stamped Show Notes:
01:40 \\u2013 Nathan\\u2019s introduction
02:00 \\u2013 Welcoming Michael to the show
02:06 \\u2013 Started Aleph 3 years ago with a partner - wanted to invest in Israeli startups
02:40 \\u2013 Michael\\u2019s been a venture capitalist in Israel for over 20 years
03:20 \\u2013 Started a merchant bank for technology startups in Israel
04:00 \\u2013 Invested in the first online photo-sharing site in 1994 and sold for over $100 million
05:00 \\u2013 Worked at Benchmark in Israel for several years - invested in Wix, Conduit, and other startups
06:00 \\u2013 Raised $150 million for Aleph in 2013
06:20 \\u2013 Core mantra is: \\u201cDifferent is better than better\\u201d
06:50 \\u2013 Aleph is an equal-partnership firm in terms of return and decision-making influence
08:15 \\u2013 Invest almost exclusively in Series A
08:40 \\u2013 The Thing About Cycles - Michael\\u2019s blog post about cyclical investing
09:10 \\u2013 Currently investing in Nexar, an AI-powered dashcam
10:15 \\u2013 Nexar can give you real-time information based on location and the license plates of the drivers around you - it takes information from drivers\\u2019 speed and location.
11:20 \\u2013 Have already covered more mileage than Google Streetview
12:10 - Invested $4 million in Series A
13:08 - 15 months in; 9 months since the launch
13:18 - Collecting about 80k license plates each day
13:46 \\u2013 Connect with Michael on the Aleph website or through his blog
16:20 \\u2013 Famous Five

3 Key Points:
Invest in disruption: \\u201cDifferent is better than better\\u201d
Michael\\u2019s currently investing in a smart dashcam that has an enormous capacity to collect data.
Keep working. The world is full of opportunities.
Resources Mentioned:
Freshbooks - The site Nathan uses to manage his invoices and accounts.
Host Gator \\u2013 The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Leadpages \\u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible \\u2013 Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.

Show Notes provided by Mallard Creatives

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