At Mangrove we want to be involved in the great entrepreneurial journeys.
We believe that entrepreneurs are the real stars and spend our time traveling extensively across the globe looking for the next big thing. More than anything, we are smart cheerleaders.
We recognize that being an entrepreneur is a lonely place and that the single most important thing is having supportive shareholders as you go through the ups and downs of the entrepreneurial journey.
We have had the privilege of being involved as early investors in three Unicorns: Skype, Wix, and Walkme. More than ever our portfolio reflects the belief that great entrepreneurs and great investors can change the world. Some of our current rising stars include: Storeking, Redpoints, Happify, KHealth, JobToday, Badi and Lightico.
CO-FOUNDER & CEO
I am the co-founder and CEO of Mangrove Capital Partners and Chairman of Wix (NASDAQ: WIX). I grew up in Africa and Egypt, went to university in the US and has lived in Europe for 25 years, integrating values of ambition, humility and open-mindedness along the way.
My notable successes include being the first investor in Skype, which was sold in 2005 to eBay for $3 billion and Wix, currently trading on the NASDAQ for near $6 billion. Mangrove has invested in over 125 companies and manages near $1 billion across 5 funds.
I launched our firm in 2000 on the belief that talent is everywhere and that bold entrepreneurs should make more money than we do. This philosophy is imbedded in our firm’s DNA. I think entrepreneurs are the real stars and I spend my time traveling extensively across the globe looking for the next big thing.
I am interested in weird ideas. In fact, the weirder, the better. I engage with entrepreneurs who want to disrupt the norm and change the world. I am critical, direct and impatient, yet always supportive. I currently serve on the boards of FreedomPop, JobToday, Wix (NASDAQ: WIX) and K Health.
I am an outspoken commentator of the tech industry. In April 2015 I called most Unicorns “fakies” suggesting that valuations had gotten ahead of themselves and that most Unicorns would not make it. In April 2016, I turned my attention against the Fintech space suggesting that were in a midst of a “Fintech Mirage”. More recently, I have been highly critical of the “Gig economy” suggesting that in Europe such models are contrary to the European ethos.
I have appeared on BloombergTV and CNBC, been quoted in Forbes, WallStreet Journal, Globes and published in the Financial Times.