When choosing a dream to pursue, take your time. One of the most critical stages of success in any new venture is to make sure that it's the right venture for you. You must be genuinely passionate about the dream and believe that it can succeed. Even more critical than the venture that you choose to pursue is how much you believe in the idea behind it. Once you've started the journey, don't be afraid to make changes as you go. Better to change and fix things during the early stages than after investing more time and money.
Rami Beracha's advice to students at the Interdisciplinary Center in Herzliya is based on his own life experience. As a young man, Rami decided to study law. Although he wasn't sure that it was the right path for him, he continued his law studies, got a Master's in New York, and then worked abroad in a law firm. However, through his work in the Wall Street law firm, he realized that he actually had a passion for business more than law. So, he bravely left his job and moved to France to complete an MBA.
Shortly after graduating in equitynet.com/c/fixya 1996, Beracha began working at the Venture Capital Fund Pitango, the largest venture capital investment fund in Israel. Pitango focuses on companies in their early stages developing core areas of high-tech with over 200 investments and over 85 exits to date. Rami became managing partner in 2000 and for the next 18 years lead dozens of deals resulting successful exits to fortune 500 giants such as Broadcom, Marvel, Cisco and Apple.
He didn't stop there. In 2011 Globes awarded Beracha the "Esteemed Partner" award, recognizing him as the influential investor that he had become. In 2014 Rami founded a new initiative called Sosa. Sosa has innovation centers in New York and Tel Aviv where they support innovative high-tech companies in partnering with global entrepreneurs looking to cooperate with promising Israeli startups. Sosa was recently chosen to build and oversee New York City's cyber center.
Newest Investment Dreams Amidst Covid19
Although the past couple of years since the coronavirus began have been tough economically, Rami Beracha believes that there are always new opportunities to be found. He recommends searching for new business with a substantial digital disruption that may be "Covid Long".
As for Beracha, he has a couple of new projects on the rise. Together with a group of business partners, he recently founded a blockchain venture capital investment fund in London. After aiding in Israel's formation into a global high-tech hub, Beracha is ready to move on to a broader market. In line with Beracha's business outlook, the new fund states: "We know technology, but we invest in mission driven people". They hope to find passionate companies and help blockchain find its right place at the front line of innovative concepts pushing the world forward.
In addition to this European fund, Beracha has plans for another Middle Eastern venture capital fund. After the Abraham Accords that Israel and the United Arab Emirates recently signed, he believes it is the perfect time to invest in the Arab market. What better place to start than the wealthy and super modern Dubai? The idea for his newest fund, or Ender Ventures, רמי ברכה איש עסקים as he plans to call it, is to bring Israeli ad European Investors to support UAE https://craft.co/eden-block high-tech companies in the fields of artificial intelligence, virtual reality, robotics, and more. The United Arab Emirates is unique in its outlook on business. It will most likely draw sec.gov/Archives/edgar/data/1145057/000162828017010679/0001628280-17-010679.txt many companies to its doors in the next few years due to low business tax and very business-friendly legislation.
Rami Beracha's Challenging Past
Although today it seems that Rami Beracha succeeds in everything that he has chosen to pursue, his life hasn't always been simple. Like most Israelis, Beracha joined the army as a young man. He became a combat soldier in the Paratrooper's Brigade and fought through the Lebanon War. In 1983, shortly after the war, Rami was part of a rescue party sent to help wounded soldiers in a wild minefield. Unfortunately, Rami stepped on a hidden mine and lost his foot and hand in the accident.
His rehabilitation period in the hospital was one of the most challenging experiences of his life. He couldn't move and sunk into depression and despair. All of his dreams of furthering his army career seemed lost, and he didn't know who he was anymore. Through his suffering, Rami was able to find the passion to keep living and create new dreams. He decided to become even better and even stronger than he was before his injuries. Rami pushed himself to try different extreme sports. Today he enjoys kitesurfing, snowboarding and has even hiked up Mount Kilimanjaro. As he continues to better himself, he often feels like his past unwounded self is racing him and pushing him along.
He makes donations and volunteers in many organizations and is incredibly passionate about helping young men who, like himself, were wounded in combat. In 2016 Rami led a group of men who were injured during their army service on a trip to Nepal. In 2018 he received the rank of major in the paratrooper and fire brigades in the Israeli military. His dreams as a young man had found a way to occur, despite all of the challenges he faced. His life story and passion are a true inspiration for others, never to give up no matter the circumstances. Rami didn't let his injuries hold him back; he Rami Beracha kept learning and trying new things until he was even stronger than before.