×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: APFN | ML | Israel | OurCrowd

Israeli Firm Takes Venture World with Crowdfunding Approach

Thursday, 01 February 2018 08:38 AM EST

JERUSALEM (AP) — Israeli venture capitalist Jonathan Medved launched his OurCrowd funding platform five years ago by billing it as a novel way to enable individual investors to get a piece of the action on the country's vibrant start-up scene, traditionally the playground of well-heeled venture funds.

Now, his firm has blossomed into a $650 million behemoth, he has taken stakes in dozens of cutting-edge start-ups and watched 18 of his portfolio companies enjoy "exits" through public offerings on global stock markets or acquisitions by larger tech giants.

An estimated 10,000 investors and entrepreneurs from around the globe descended on Jerusalem on Thursday for OurCrowd's gala birthday bash and investor conference. But as the firm marks its anniversary, questions remain about whether its creative approach is a wise investment for small investors.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Israeli venture capitalist Jonathan Medved launched his OurCrowd funding platform five years ago by billing it as a novel way to enable individual investors to get a piece of the action on the country's vibrant start-up scene, traditionally the playground of well-heeled...
APFN,ML,Israel,OurCrowd
131
2018-38-01
Thursday, 01 February 2018 08:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved