Aleph

Is the IPO dream dead?  Many founders who were envisioning their big exits back in 2021 are still grappling with disappointment that the market has since cooled off. It's been rough. But there’s another exit option you may want to pursue in the meantime: M&A, says Aleph Operating Partner and CFO Yael Elad in her latest Partner Perspective. Why consider this type of deal? When is it the right time? And how do you appropriately prepare your company? Watch below 👇🏼

I need to post this amazing opportunity at @aleph again because Linkedin said "Stopped accepting applications" when they meant to say, pay us to continue. This is a shorter version. See previous post for longer one. Job Title: Capital Markets and Liquidity Innovation Location: Tel Aviv, Israel, We will help with relocation for those who want to move to Israel. In light of changes in public markets and in approaches to market liquidity, we aim to bolster our support by helping our portfolio companies connect with public market investors, sharpen their investment narratives, and innovate liquidity solutions. Job Description We are seeking an experienced Capital Markets person to join our team. The person will report to the General Partners. This role is pivotal in assisting our portfolio companies to: Position Themselves for Public Markets: Guide founders in preparing for IPOs or other liquidity events by refining their stories and aligning them with investor expectations. Enhance Investor Engagement: Maintain and build relationships with investors, bankers, and other liquidity providers to facilitate successful market entries. Innovate Liquidity Solutions: Develop and implement creative strategies to provide liquidity options for our portfolio companies in a challenging market environment. Strengthen Financial Foundations: Utilize advanced financial modeling to support valuations and strategic decision-making. Key Responsibilities Collaborate with founders to develop compelling investment narratives. Innovate and propose alternative liquidity solutions for portfolio companies. Prepare and refine financial models to support company valuations and growth strategies. Develop and maintain ongoing communication with public market investors, bankers, and other stakeholders. Organize investor meetings, presentations, and roadshows. Stay abreast of emerging liquidity mechanisms and assess their applicability to our portfolio. QualificationsEducation: Bachelor's degree in Finance, Economics, Business Administration, or related field. Philosophy accepted as well. Experience: Minimum of 2-3 years in investment banking, private equity or sell-side Analyst, financial consulting, or a related field. Important Skills: Financial Modeling, Liquidity Innovation, Communication, Exceptional verbal and written English skills, Relationship Management, Deep understanding of capital markets Plus-to-have Skills: AI whiz. Personal Attributes: Being different and a different thinker Good networker who is highly presentable. How to Apply? Interested candidates should submit the following to [email protected] Resume/CV detailing relevant experience. Cover Letter explaining your interest in the role and how you meet the qualifications. Completed Questionnaire at this link https://lnkd.in/dZGqmDH6.

Details in the job post - tag the rockstars you know!

This is one of the best episodes of Invested that we’ve ever released. (Seriously, everyone at Aleph has been buzzing about it.) Sam Lessin - GP at Slow Ventures, Co-Founder of Fin Assistant. (2015 - 2019) and Drop.io, and "intern" at The Information - joined Michael for an in-depth-VC-insider discussion on the state of…the world.  We’ve got insights on how to handle “bad” investments, business lessons that come from skiing, why Sam has beef with the Silicon Valley “elite," what he saw in Venmo that no one else did, what Pavel Durov's arrest means for the future of free speech and trust (and how crypto is involved), and whether Harvard is redeemable - with lots of banter in between. Link to listen in the comments 👇🏼

Noam Toister is a force to be reckoned with. He was a shy child. The worst student in his family - failing tests, trying again. Entrepreneurship wasn’t a thing in his home, but a travel blip on his honeymoon in the Philippines gave him the idea to sell online tickets to and from different locations, and he started making money within two weeks. Together with Omer Chehmer and David Yitzhaki, he was on track to building the largest ground and sea transportation platform in the world. And then…COVID hit. This is the story of Travelier - in all its grit and glory. We're immensely proud of your journey and to be traveling on it with you. Watch, listen, and learn what it really means to live resilience as a founder.  

The wins keep coming! Congratulation to Trullion's VP Product, Gil Marx🎗️, Melio's VP Product and Analytics Sivanne Goldfarb, and Travelier's Product Manager Noa Shaked on being recognized as some of N12 News Israel's Product People of 2024. "It's an exciting time at Trullion as we push the boundaries of accounting tech. We're turning complex processes into simple, intuitive experiences, making finance more transparent and human-centered," says Gil about his nomination. More about how Trullion, Travelier and Melio are pushing boundaries in the comments 👇 Isaac Heller | Amir B. | Noam Toister | Omer Chehmer | David Yitzhaki | Matan Bar | Ilan Atias

Sometimes being a founder starts in the bones. And you'll do anything - including walking away from millions of dollars - to continue innovating as an entrepreneur. Listen to Alon Arvatz's full story on Invested with Michael Eisenberg, linked below 👇

So many incredible founders to congratulate on making N12 News Israel's Top 21 Most Promising Startups in Israel for 2024 with IVC Data and Insights, especially on the heels of such a difficult week/month/year. Give it up for Sequence, Waltz, Spines and daily.dev (pictured) - and go read about how they're changing the world. Link in the comments 👇 We couldn't be prouder Gilad Uziely | Tom Reuveni | Oren Reuveni | Yuval Golan | Yehuda Niv | 🚀 Lev David ❇️ | Niv Ovdat | Nir Kenner | Nimrod Kramer | Tsahi Matsliah | Ido Shamun

When was the last time you saw a product that innovates for failure? Unit's new Business Continuity Tool does just that - providing a lifeline to customers whose funds are tied up in failed fintech companies. The tool allows banks to connect directly with those end customers, making sure that those customers never lose access to their funds. "This is the first time that banks have the ability to continue the relationship with the end customers if the fintech company is winding down," says Unit Co-Founder and CEO Itai Damti. "They have almost fully functional banking experience that doesn’t rely on [the fintech’s] ability to keep serving them." On the heels of the collapse of a huge BaaS that shall not be named - this is a gamechanger. Read why with the link in the comments. Doron Somech

Time to talk Israeli cybersecurity - a first on Invested.  But it turns out that we can’t talk about cyber without also talking about the elite army unit 8200, and financial literacy, and hubris, and God. Alon Arvatz, Co-Founder and CEO of PointFive and author of the cyber deep-dive “The Battle for Your Computer,” joined Michael for a discussion that confronts all of the above - and encompasses the spirit of what it means to be Israeli. (Namely: we refuse to wait in line, but we’ll decide to open a startup with the guy we’re jostling in front of us.) What is Israeli cyber getting right - and getting wrong? What’s important enough to make you walk away from millions of dollars? How do you combine entrepreneurship with social impact? Link to listen in the comments.