Erel Margalit: A Visionary in Politics and Business

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Smiling adult businessman at table with gadgets holding presentation
Credit: pexels.com, Smiling adult businessman at table with gadgets holding presentation

Erel Margalit is a true Renaissance man, with a background that spans both politics and business. He's a member of the Israeli Knesset, the country's parliament, which he joined in 2006.

As a politician, Erel has been a vocal advocate for social and economic issues, often using his platform to push for reforms. His experience in politics has given him a unique perspective on the needs of Israel's diverse communities.

In business, Erel is the founder and chairman of JVP (Jerusalem Venture Partners), a leading Israeli venture capital firm. Under his leadership, JVP has invested in numerous successful startups, including some of Israel's most prominent tech companies.

Erel's vision for Israel's future is one of innovation and growth, where technology and entrepreneurship drive economic progress and social change.

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Political Career

Erel Margalit was born in 1961, a year that marked the beginning of his remarkable life journey. He is a living person, still active in the world of politics and business.

Credit: youtube.com, Erel Margalit, Labour Party Knesset Member - May 23, 2017

Margalit's background is quite impressive - he is an Israeli venture capitalist, businessperson, and Sephardi Jew. He has also had the opportunity to study at prestigious institutions, including the Hebrew University of Jerusalem and Columbia Graduate School of Arts and Sciences.

Here are some of the notable positions Margalit has held in his political career:

  • Member of the 19th Knesset (2013–2015)
  • Member of the 20th Knesset (2015–2019)
  • Israeli Labor Party politician
  • Zionist Union politician

Political Career

Born in 1961, Margalit is a living person with a significant presence in Israeli politics. He's an Israeli venture capitalist and businessperson.

Margalit has a strong educational background, having graduated from the Columbia Graduate School of Arts and Sciences and the Hebrew University of Jerusalem.

As an Israeli Sephardi Jew, Margalit's cultural heritage plays a significant role in his life and career. He's also of Bulgarian-Jewish descent, adding another layer to his identity.

Margalit has been involved in various Israeli political parties, including the Israeli Labor Party and the Zionist Union. He's also been a member of the 19th and 20th Knesset, serving from 2013 to 2019.

Here's a list of some of the key roles Margalit has held:

  • Member of the 19th Knesset (2013–2015)
  • Member of the 20th Knesset (2015–2019)
  • Israeli Labor Party politician
  • Zionist Union politician
  • Israeli people of Bulgarian-Jewish descent
  • People from Na'an

Avoda Now Movement

Politicians Talking on a Conference Table
Credit: pexels.com, Politicians Talking on a Conference Table

The Avoda Now Movement was a significant development in Margalit's political career. It was founded on January 19, 2011, in response to Ehud Barak's resignation from the Labor Party and the establishment of a new party, Atzmaut.

Margalit helped found the movement with prominent members of Israel's business, technology, and cultural community, calling for a revival of the Labor Party. The movement aimed to renew the party's institutions, restore its social values, and choose a new, dynamic leadership.

The Avoda Now Movement launched a public campaign calling on people to join the Labor Party lines. Margalit was a key figure in this effort, using his influence to promote the movement's goals.

Margalit announced his intention to run for the chairmanship of Israel's Labor Party on April 27, 2011, citing his dissatisfaction with the country's deteriorating political situation.

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Business Ventures

Erel Margalit's business ventures have been instrumental in creating a new social-economic reality in cities across the globe. He founded Margalit Startup City, a model for socio-economic development that provides innovation centers for entrepreneurs worldwide.

Credit: youtube.com, Interview with Erel Margalit, Chairman , JVP & Margalit Startup City, NY1, March 7, 2023

These centers have led to the creation of thousands of new jobs and inspired young people to move to the cities, forming cultural hubs. The existence of these centers has also connected local and international investors, bringing in new multinational companies and creating business opportunities.

The Margalit Startup City model combines innovation and entrepreneurship in high-tech, business, cultural, and social centers, making cities more attractive to successful students and graduates.

The Media Quarter

The Media Quarter is a hub for entrepreneurs and start-ups in Jerusalem. It was formed by Erel Margalit in 2006.

This vibrant area houses over 200 dynamic entrepreneurs, working in Business, Social, and Cultural enterprises. They're based around the historical train station compound.

JVP Media Quarter is home to a variety of ventures, including the VC fund JVP, the early stage initiative JVP Play, and the Our Crowd incubator Labs/02. These organizations provide resources and support for start-ups.

Man Speaking at Political Rally from a Pulpit
Credit: pexels.com, Man Speaking at Political Rally from a Pulpit

The Media Quarter also features a performing arts hub called "Zappa Jerusalem in The Lab." This space showcases local talent and fosters creativity.

Another important aspect of the Media Quarter is the social profit organization "In the Community" (Bakehila). This organization focuses on community development and social impact.

A restaurant and a nightclub are also part of the Media Quarter, offering a lively atmosphere for entrepreneurs and visitors alike.

Jerusalem Venture Partners (JVP)

Jerusalem Venture Partners (JVP) is a venture capital fund founded by Erel Margalit in 1993. JVP has partnered with the New York City Economic Development Corporation (NYCEDC) on a cybersecurity initiative called Cyber NYC.

Erel Margalit's involvement in JVP has led to significant investments and collaborations. In 2018, JVP was named among the partners on Cyber NYC, a new initiative focused on growth-stage startups in the cybersecurity industry. JVP operates the initiative's investment arm, Hub.NYC, which provides access to clients and business support.

Credit: youtube.com, Uri Adoni, Venture Partner at JVP discussing the secrets of JVP's successful model

JVP's partnership with academic institutions like New York University (NYU) and Columbia University has created opportunities for startups to grow and thrive. This collaboration highlights the importance of public-private partnerships in driving innovation and economic growth.

Erel Margalit's vision for JVP has led to the creation of a robust ecosystem for startups and entrepreneurs. By providing access to funding, mentorship, and business support, JVP has helped establish a thriving startup community in Jerusalem and beyond.

Education and Titles

Erel Margalit is a renowned entrepreneur and philanthropist. He has a strong educational background, having graduated from the Hebrew University of Jerusalem.

Margalit's academic achievements are impressive, with a degree in law and economics. He later earned an MBA from INSEAD.

As a successful entrepreneur, Margalit has founded and invested in numerous startups. His business ventures have spanned various industries, including technology and finance.

Erel Margalit is also a respected author, having written several books on entrepreneurship and innovation. His writing has been widely praised for its insight and practical advice.

Throughout his career, Margalit has received numerous awards and accolades for his contributions to business and society.

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