#ABAF15NZ Speakers – Jonathan Medved
Meet the speakers #ABAF15NZ – Jonathan Medved
A key feature of the 2015 Asian Business Angel Forum is its international focus. The forum, brought to New Zealand by the AANZ, runs from 14-16 October and has attracted leading early-stage investors from over a dozen countries.
Among a stellar group of thought-leaders the AANZ is pleased to welcome Jonathan Medved, founder of OurCrowd, an equity crowd-funding platform based in Jerusalem, Israel. He will share his thoughts on ‘thinking, acting and investing globally’ and how to build the culture needed for startups to flourish.
Jon grew up in San Diego, went to Berkeley University, and first visited Israel when he was 24 . Since then he has been part of the energy making Israel the 3rd largest source of startups after north America and China.
Israel has attracted over 300 multinational R&D centres which provide a ‘built-in exit mechanism’ for Israeli startups to be acquired by American technology companies. Israel has been described in Forbes as the world’s outsourced R&D lab for big companies.
Named as one of the top 10 most influential Americans who have impacted Israel (NY Times Supplement “Israel at 60”) and “one of Israel’s leading high tech venture capitalists” (Washington Post) Jon, through his most recent venture, OurCrowd, has funnelled $120 million in investments into 67 startups since 2013.
An investor himself, serial entrepreneur and experienced director, Jon has been part of the founding teams in several successful Israeli startups which now have valuations in excess of $100 Million. He currently has over 30 companies in his personal angel investor portfolio.
In a report from the Jewish Journal taken from a presentation at Cross Campus, a shared work space in Santa Monica Jon describes OurCrowd as an “equity-based crowdfunding platform that allows accredited investors to put as little as $10,000 into a select number of approved and vetted Israeli startups, all of which need cash to grow and stay afloat, until business operations kick into full gear”. Through OurCrowd he says investors are “able to take the best of venture capital — the professionalism, the diligence, the protection you get — and combine it with the fun, and discretion, and the freedom, and the low entry price of being an ‘angel’ [who invests after falling in love with a company]”.
Jon is a sort after TV commentator on CNN, CNBC, Bloomberg TV and speaks regularly to groups both in Israel and abroad. He has briefed scores of journalists, business leaders and public officials – including New Zealanders – on Israel’s tech miracle, travelling from his home in Jerusalem where he lives with his wife Jane, his four children and three grandchildren to all corners of the globe to do so.
In this video from Kauffman foundation he talks about the special elements of the Israeli ecosystem and suggests looking past macro-economics and support the heart of startup success – the culture that needs to exist to support early-stage growth. A culture that sustains, encourages and allows people to take the entrepreneurial leap and create new value and new companies. Included in this culture, he says, is the requirement for risk tolerance, the importance of access and the intent of all parts of a country to support and structure the ecosystem in which angels and venture capitalists exist.
Follow Jonathan on Twitter and meet him in person, along with a host of angels from New Zealand’s angel investment community and the world by securing your seat now at one the southern hemisphere’s largest exclusive angel investor events Asian Business Angels Forum, Queenstown, New Zealand, October 14-15.