The Business & Travel Podcast

008: Part 1 - Structuring Companies for Exit with Nimrod Vromen


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In today's episode, Jackson talks to Nimrod Vromen. He is a partner of Yigal Arnon & Co. which is one of the largest law firms in Israel with offices in Tel Aviv and Jerusalem that have more than 170 lawyers, and of whom 61 are partners.

This is the part one of this two-part episode in which Nimrod will share with us on what are the steps to go through when you are structuring your business and having an exit-oriented mindset. He also talks about the pre money evaluations, how to value your startup and what sort of legal documents you should be careful with when you are constructing your startup. Don't miss this episode!

Topics Discussed:
  • What Jackson has been up to behind the scene
  • Israel as a startup nation
  • Exit-oriented country
  • What Israel’s society looks like
  • How they view the world
  • How an entrepreneur thinks when building a big company
  • What happens to the company when the startup industry evolves
  • The recent exits they have
  • Nimrod Vromen's background
  • Why Israel is the startup nation
  • What happens if you encourage structure disobedience
  • What their industry looks like
  • Creating the center of excellence in Israel
  • Spark-based solution
  • What makes a young company successful
  • Things that will make a company fundable
  • The approach they use
  • The 3 stages of development
  • The financing process
  • Questions you should ask yourself as an entrepreneur:
  • How much money do I need?
    • What is my walk away?
    • What is the reasonable dilution I am willing to accept?
  • On time theories
  • Working on alternatives
Useful Links:

Kik Interactive
Amazon
Fiverr
99designs
Uber
Intel
Nimrod Vromen - Peace Team

...more
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The Business & Travel PodcastBy Jackson Dean