Ronen Shilo Explained

Ronen Shilo
Birth Date:1 May 1958
Education:BSc, Technion
Occupation:Entrepreneur and software technologist

Ronen Shilo (born May 1, 1958) is an Israeli entrepreneur and software engineer. He is the founder and CEO of Conduit, an online platform for publishers to create free mobile apps[1] [2] and loyalty programs.[3] Conduit became Israel's largest Internet company in 2013, valued at $1.3 billion.[4] [5]

Biography

Ronen Shilo grew up in Ness Ziona and served as an officer in the Israel Defense Forces. where [6]

He graduated from the Technion, the Israeli Institute of Technology, with a BSc in Computer Science.[7]

Shilo is married and has three children. He told Inc. Magazine in 2013 that his company's billion dollar valuation had not changed his lifestyle and that he and his family still lived in the same home.[8]

Business career

Early in his career, Shilo worked for Ready Systems in Silicon Valley.

In 1995, he founded DoubleAgent. Nine months later the company was acquired by software company NetManage. Ronen was manager of its Tel Aviv branch before leaving in 1999 to start Effective-I, a learning system for corporate use.[9]

Shilo founded Conduit in 2005 with partners Gaby Bilcyzk and Dror Erez to help publishers retain and engage users. Though the company has received venture funding, the three founders retain a majority share in the company.[10]

In the Financial Times, he called the phenomena of Israeli companies selling too early as "Quick Sell" nation.[11] Israeli newspaper Haaretz mentioned him in the article "Four Reasons Not to Hate Israel's Big Business Tycoons" as one of a small number of Israeli tech CEOs who "shunned the quick buck of an M&A deal and stayed the course."[12] He wrote an article for Fast Company in 2012 explaining why he had largely stayed out of the press despite running an Internet company with 260 million users.[13]

Notes and References

  1. News: Conduit's Web App Network Goes Mobile. February 24, 2011. May 18, 2012. Website Magazine. Linc . Wonham.
  2. News: Exclusive: Web App Publisher Conduit Expands Into Mobile. February 7, 2011. May 18, 2012. . Ina . Fried.
  3. News: Weinglass. Simona. Israel’s Como acquires Keeprz customer loyalty platform for $50M. 21 July 2015. 6 July 2015.
  4. News: Tenanbaum. Gil. Conduit Gives Up on Its Own Web Browser. 25 July 2015. Jewish Business News. 11 July 2013.
  5. News: J.P. Morgan Buys Share of Conduit for $100 Million. April 11, 2012. April 12, 2012. GigaOM. Ryan . Kim.
  6. News: Exposed in the Turret. 31 July 2015. Technion University Computer Science Magazine. 2010. dead. https://web.archive.org/web/20151216110231/https://www.cs.technion.ac.il/magazine/10/homepage10.pdf. 16 December 2015.
  7. Ronen Shilo, CEO, Conduit. 31 July 2015. Fast Company.
  8. Quittner. Jeremy. The Real Valuation is About Having Fun. 31 July 2015. Inc. Magazine. 1 January 2013.
  9. News: Ronen Shilo, Executive Profile and Biography. April 12, 2012. Bloomberg BusinessWeek.
  10. News: Conduit, Israel's First Billion Dollar Internet Company. April 9, 2012. April 12, 2012. Pando Daily . Mick . Weinstein.
  11. News: Israeli VC struggles continue despite M&A increase . June 6, 2012 . March 13, 2013 . Lisa Damast and Jessica McHugh . Financial Times.
  12. News: Rosenberg. David. Four Reasons Not to Hate Israel's Big Business Tycoons. 23 August 2015. Haaretz. 29 September 2012.
  13. Shilo. Ronen. A CEO Speaks Out About Speaking Out. 31 July 2015. Fast Company. 2 March 2012.