Sramana Mitra: That’s exactly where my question comes from. We are in 2018. There is a lot of stuff that has already been built in all different areas of technology. Right now, there are not as many billion-dollar opportunities, but there are many opportunities that are in that $200 million TAM range. In a way,
Yanai Oron: There are some very interesting programs in Israel of large corporates creating commercialization programs. They would sometimes look for early-stage companies and sometimes late-stage. Microsoft is a big one that is looking for companies that already have products but are very willing to work with them. It brings them very deep into the
Sramana Mitra: What are some of the highlights of your portfolio? Yanai Oron: One of the interesting companies that we had the fortune to invest in was CyberArk (NASDAQ: CYBR). It’s a cyber security company trading with a valuation of around $1.7 billion. They help companies secure their information. Another interesting company is called SolarEdge
Sramana Mitra: It’s interesting. Your comment that in the US your fund would be called a seed fund is not correct. In the US, $150 million fund is still a Series A fund but it’s a fund that is structured to be able to make smaller Series As. A lot of the traditional venture funds
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Yanai Oron of Vertex Ventures was recorded in March 2018. Yanai Oron, General Partner at Vertex Ventures, took us through his firm’s investment focus on deep technology ventures in Israel. The discussion