Roy Bahat Explained

Roy Bahat
Birth Date:circa. 1977
Alma Mater:Harvard University and University of Oxford
Occupation:Venture capitalist and activist
Employer:Bloomberg Beta
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Head of Bloomberg Beta
Website:Personal website

Roy Bahat (b. 1977) is a venture capitalist, educator, and activist. He is currently the head of Bloomberg Beta, the venture capital arm of Bloomberg. He teaches at UC Berkeley’s Haas School of Business.

Early life and education

Bahat was born in 1977. His mother worked for the American Jewish Committee and his father was an architect. He graduated from Harvard University magna cum laude and was a Rhodes Scholar at the University of Oxford. At Oxford, Bahat earned a Master's degree in economics.

Career

In 2002 Bahat worked for then-New York City Mayor Michael Bloomberg as the Senior Policy Director.[1] He left to work for a non-profit called NYC2012, which advocated for the 2012 Summer Olympics to be held in New York City.[2] In 2007, Bahat started at News Corporation. He later led the News Corp. brand IGN Entertainment.[3] Bahat left News Corp. in August 2012.[4] He also cofounded a gaming console company called OUYA and created a non-profit.

Bahat has been a venture capitalist since about 2012. He was known in part for funding smaller startups where the founders still had day jobs. In September 2020, Bahat moved temporarily to Milwaukee, Wisconsin in an effort to influence politics in a swing state. He raised money for the Democratic party. He was also involved with "Walk the Vote," a non-partisan group that organizes marches to voting booths. Bahat was on the board of a New York City Jewish day school called the Abraham Joshua Heschel School.

In 2013, Bloomberg Beta was created and Bahat was appointed head of the new entity.[5] Bahat is a partner of Bloomberg Beta along with Karin Klein and James Cham.[6] Bahat started teaching an MBA course on leading a unionized workforce at University of California, Berkeley.[7] He also was a member of the Future of Work Commission, a governmental organization focused on economic growth in California.[6]

Personal life

Bahat is married with two children.[8] He and his wife are both involved in political activism in support of the Democratic party in the United States.[8] His wife works in the arts.[8] Bahat and his wife married in 2007.[9]

External links

Notes and References

  1. Web site: Shibu . Sherin . October 23, 2019 . Here's how a former New York City policy wonk transitioned from a City Hall job to running an early-stage VC fund . April 20, 2023 . Business Insider.
  2. News: An Eye on the Prize / Mayor wants award-winning students. Glenn. Thrush. Newsday. February 3, 2004. A03.
  3. Web site: Bloomberg Begins Fund to Invest in Start-Ups . The New York Times . June 5, 2013 . April 20, 2023.
  4. Web site: Grubb . Jeff . Going once; going twice: News Corp. to auction off IGN Entertainment . VentureBeat . October 16, 2012 . April 20, 2023.
  5. Web site: Lawler . Ryan . Bloomberg Launches Bloomberg Beta, A $75 Million Early-Stage Investment Fund Led By Former IGN Exec Roy Bahat . TechCrunch . June 5, 2013 . April 20, 2023.
  6. Web site: Loizos . Connie . Bloomberg Beta, now six years old, closes its third $75 million fund . TechCrunch . October 18, 2019 . May 2, 2023.
  7. Web site: Authorities Step Up Their Crypto Crackdown . The New York Times . February 17, 2023 . May 2, 2023.
  8. Web site: Kassel . Matthew . The Silicon Valley VC who decamped to Wisconsin to get out the vote . Jewish Insider . November 3, 2020 . April 20, 2023.
  9. Web site: Sara Fenske, Roy Bahat . The New York Times . May 27, 2007 . April 20, 2023.