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Ronen Shilo

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Ronen Shilo
רונן שילה
Shilo in December, 2011
Born (1958-05-01) May 1, 1958 (age 67)
EducationBSc, Technion
Occupation(s)Entrepreneur and software technologist
Websitewww.conduit.com

Ronen Shilo (Hebrew: רונן שילה; 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

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Ronen Shilo grew up in Ness Ziona and served as an officer in the Israel Defense Forces.[6] where [7]

He graduated from the Technion, the Israeli Institute of Technology, with a BSc in Computer Science.[6]

Shilo is married and has three children.[6] 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

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Early in his career, Shilo worked for Ready Systems in Silicon Valley.[6]

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]

References

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