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Hanukkah Miracle: 8 industry executives talk about their business miracle - Walla! Of money

2021-11-28T22:47:27.039Z

Just before lighting the first candle and tradition stories about the miracle of Hanukkah and the jug of oil that lasted for 8 days, we spoke with 8 senior executives in the industry who told about their private miracle that led to their success



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Hanukkah Miracle: 8 industry executives talk about their business miracle

Just before lighting the first candle and tradition stories about the miracle of Hanukkah and the jug of oil that lasted for 8 days, we spoke with 8 senior executives in the industry who told about their private miracle that led to their success

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Monday, 29 November 2021, 00:26 Updated: 00:36

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"We believed, but did not know how significant we would become"

Tal Lev-Ami, co-founder and CTO at Cloudinary,

recounts how the desire to work with his two friends, Itai Lachan (CEO) and Nadav Superman (CPO), brought them to a random enlightenment that led to the company:



"We always knew we wanted to work together, but We had no idea of ​​our own. We realized it could take some time and in the meantime we needed a source of income. We set up a project company "in the meantime" and approached entrepreneurs with money to help them build their first product.



While working with quite a few companies, Nadav arrived The insight that there is a whole world of media (video and images) that companies need management solutions for but are not available for development or have no knowledge in the field.As a small company we could not afford to solve existing problems, and if there was a tool in the market Media management solutions, we understood that there is no company / total solution in the market.



From here began Claudinary's journey.

We developed the product at first because we believed it had a future but did not yet know how significant it was.

We did a feasibility study with the customers we had already worked with as a project company and a few months from the time we developed the product we already had a first paying customer.

From there we moved on to more clients, setting up Claudineri and nine years on, Claudineri has become the standard for developers, content creators and marketers looking to upload, save, convert, deliver and manage images and video online.



Claudineri currently has more than 8,000 paying customers, some of whom pay Leading companies in the world, and over a million users who enjoy the solutions the company offers.

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Tal Lev-Ami, co-founder and CTO of Cloudinary (Photo: Claudinary)

"Our miracle happened during the Corona period"

BlueVine has joined the U.S. government program, thus succeeding in helping customers and generating new business opportunities, even in the time of the Corona:



“Our‘ miracle ’as a company, was in the Corona era. In a short time, and in the midst of all the hustle and bustle of the epidemic, we were able to get into the US government program to rescue small businesses in Corona, "says

Nir Keller, co-founder, CTO and director of the Israeli branch of the fintech company BlueVine.



"The program was called PPP, Paycheck Protection Program, and was designed to protect the wages of employees and allow small businesses that pay salaries to get a loan. The demand was huge, and we were quickly able to launch our new product, which allowed us to continue supporting small and medium-sized businesses across the US.

BlueVine was one of the few companies that received government approval to participate in the program - apart from the banks.

BlueVine was established in 2013 with the aim of empowering small and medium-sized businesses, through innovative banking solutions that are tailored to the needs of small businesses.

Thanks to this miracle, we were able to help our customers, who were in distress, and create new business opportunities. "



The company currently employs about 500 people in Israel and the United States, and since its inception BlueVine has provided $ 5.4 billion in credit to over 87,000 customers.

Nir Keller, co-founder, CTO and manager of the Israeli branch of the fintech company BlueVine (Photo: PR)

"A little bit of a miracle was added to the hard work"

The Human Resources Flight, which focuses on recruitment, placement, guidance and consulting, was able to obtain a tender that they worked on for a long time and saw it as a conference:



" The highest quality score among the contestants, and reached the final stage. " Assaf Saren, VP of Business Development and Managed Services at Human Resources, says:



“This tender is huge and was therefore very important to us, we worked on it for a long time. I arrived at the fateful day in Jerusalem with a lot of confidence but also with a lot of pressure ahead of making the decision to win the tender. The relief and joy was great when we were informed that we had won and Maof was selected to operate the Ministry of Transportation's set of theory centers. I do not know whether to define hard work, professional abilities and conference accuracy, but I did feel that way when I received the desired answer, I felt that a little bit of a miracle was added to the hard work. "

Assaf Saren, VP of Business Development and Managed Services in the Human Resource Flight (Photo: PR)

"If we were a few days late - it just would not happen"

Benny Schneider, co-founder and chairman of Salto

talks about the deal signed in Ness, a second before the economic crisis of 2008:



Salto, the growing startup of serial entrepreneurs Benny Schneider, Rami Tamir and Gil Hopper, was founded in 2019 and solves the complex business configuration problem. Organizations with cloud-based systems are encountered - by a platform for automation and change management in these systems.

In 2005, Benny Schneider, together with Rami Tamir and Giora Yaron, founded Qumranet.



"In 2008, Qumranet was sold to RedHat," says Schneider.

"The deal was signed on September 5, 2008. Just five business days before the collapse of Lehman Brothers on September 15, 2008, which led to turmoil in capital markets around the world and the outbreak of a global financial crisis. If we were a few days late - it just would not happen. The sale would have been missed and we would probably have had to close Qumrant during the financial crisis in 2008/9. "KVM), has been a huge success. It is used to this day as the operating system of most cloud computers today, such as Google and Amazon."

Benny Schneider, co-founder and chairman of Salto (Photo: Doron Letzer)

"My personal miracle is also my business and family miracle"

Dotan Lazar, CEO and co-founder of sports-tech company Lsports,

which specializes in providing real-time data management services ranging from sports data covering more than 60 types of sports and then to AI-based support products, talks about his business miracle:



"My personal miracle is Also my business miracle and my family.

According to all the statistics for success rates in high-tech, the chances of establishing a company in the south of the country (Ashkelon), which is also a family business (established with my father and brother), a company that operates all years without raising bootstrap and bring it to a profitable company with over 100 employees "From the southern and central region together with huge customers around the globes, according to all the statistics, this is one big miracle."

Dotan Lazar, CEO and co-founder of the sports-tech company Lsports (Photo: Liran Elbaz)

"I did not choose a large high-tech company"

Dan Levin recounts how his first job after graduation led him to start a company that set itself the goal of changing the way waste is handled:



"My miracle is that I did not go to work for a large high-tech company at the beginning of my career." According to

Dan Levin, founder and CEO of AST, a company

that has developed unique treatment methods for hazardous waste, in the "circular economy" way.



"Towards the end of my studies in biochemical engineering at the Technion, I received some tempting job offers from large high-tech companies, but in the end I decided to enter a completely different field of waste treatment. I started working for the Environmental Services Company and various recycling plants. Although it has tremendous potential for development that can benefit the entire industry in Israel, and also contribute to solving difficult ecological problems such as the climate crisis and energy.



The fact that I found myself in a field where there was a dire lack of quality engineers motivated me to break boundaries, explore and carry out activities with meaning that probably would not have been possible if I had found myself a screw in a giant company system.

For a decade in the industry I have acquired knowledge that usually takes decades to learn and apply.

"All of this has led me to take up the gauntlet and establish the AST company, which is at the forefront of changing waste treatment and presenting advanced solutions to long-standing problems."

Dan Levin, Founder and CEO of AST (Photo: PR)

"We were in the right place at the right time"

Ruby Kituv and Reuven Harrison, founders of Tufin (Tuffin), a company that provides tools for secure management and automation of corporate communications networks. The company was founded in 2005, by Ruby Kituv, who serves as CEO, and Reuven Harrison, who serves as VP of Technology:



"Our miracle is that we were in the right place at the right time," Kituv says. Its crazy. We learned the field and met very talented people (and each other).



" Former's Point '. It was really a school for product building, entrepreneurship and information security, and today there are dozens of successful companies that have established Check Point alumni. "



Tufin was listed on the New York Stock Exchange in 2019,And employs over 500 people worldwide.

Ruby Kituv and Reuven Harrison, founders of Tufin (Photo: Menashe Cohen)

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Source: walla

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