Ronen Shilo

Ronen Shilo

Ronen Shilo in December, 2011
Born (1958-05-01) May 1, 1958
Residence Gedera, Israel
Education BSc, Technion
Occupation Entrepreneur and software technologist
Website www.conduit.com

Ronen Shilo (born May 1, 1958) is an Israeli entrepreneur and software engineer. He is the founder and CEO of Conduit, an online platform that allows 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]

Early life

Shilo grew up in Nes Ziona, Israel and was a member of the Israeli army[6] where he was an officer.[7] He graduated from the Technion, the Israeli Institute of Technology, with a BSc in Computer Science.[6]

Career

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

In 1995, he founded DoubleAgent, a collaborative technology company that aimed to enable application sharing online.[8] Nine months later the company was acquired by software company NetManage. Ronen served as manager of the Tel Aviv branch of the company before leaving in 1999 to start Effective-I, a learning system that enabled corporations to leverage, search, organize and deliver information.[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] He said he looks at Mark Zuckerberg's control of Facebook as a model for Conduit.[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]

In September 2013 Shilo spun off its Conduit's Client Connect (web toolbar) business division, the biggest part of the company, which combined with Perion Network, a NASDAQ-public company.[14]

Personal

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. [15]

References

  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. Retrieved April 12, 2012.
  6. 1 2 3 4 "Ronen Shilo, CEO, Conduit". Fast Company. Retrieved 31 July 2015.
  7. ↑ "Exposed in the Turret" (PDF). Technion University Computer Science Magazine. 2010. Retrieved 31 July 2015.
  8. ↑ "Ronen Shilo, CrunchBase Profile". CrunchBase. July 17, 2007. Retrieved April 12, 2012.
  9. ↑ "Ronen Shilo, Executive Profile and Biography". Bloomberg BusinessWeek. Retrieved April 12, 2012.
  10. 1 2 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 Our About Speaking Out". Fast Company. Retrieved 31 July 2015.
  14. ↑ Matthew Kanterman and Elliott Gotkine (September 17, 2013). "Perion With Conduit Seen Besting AOL in U.S. Searches". Bloomberg News. Retrieved December 16, 2013.
  15. ↑ Quittner, Jeremy (1 January 2013). "The Real Valuation is About Having Fun". Inc. Magazine. Retrieved 31 July 2015.


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