1. Dan Goldstein was a pioneer of the Israeli software industry.
18 Facts About Dan Goldstein
1. 2.
Dan Goldstein was the founder of Formula Systems, sold in 2006, and Formula Vision Technologies.
3.
Dan Goldstein immigrated to Israel with his family in 1960.
4.
Dan Goldstein acquired controlling interests in a number of young companies, such as Applicom, a software house for Mini Computers, Wiztech, which specialized in Billing, and Crystal, which specialized in large conversion projects.
5.
Dan Goldstein founded Foraz, the first Israeli Venture Capital Fund, together with Liraz, a publicly traded company headed by Arik Kilman.
6.
Dan Goldstein later acquired Liraz's share in the fund, and later acquired control of Liraz itself.
7.
Dan Goldstein bought a Telecom billing company headed by Amos Sivan and changed its name to Formula Telecom Solutions, acquired an insurance software company headed by Zeev Alon and renamed it Formula Insurance Solutions, a retail software company called "Az-Ben", which he renamed Formula Retail Solutions, and a Travel solutions company headed by Menahem Shaked, which he named Formula Travel Solutions.
8.
Dan Goldstein acquired Nikuv Computers, one of the first publicly traded software services companies in Israel specializing in Salary calculation, which owned a prevalent ERP system for small and medium clients.
9.
Dan Goldstein founded a new Venture Capital Fund, Formula Ventures headed by Shay Beilis, and acquired a controlling interest in Sapiens.
10.
In February 2000, Dan Goldstein led a secondary public offering of Magic Software Enterprises on Nasdaq, raising over $100 Million, at a valuation of $750 million.
11.
Apart from the companies included in the Mashov portfolio, Dan Goldstein was not heavily invested in the technology sector.
12.
Dan Goldstein decided to reorganize, and entirely changed the corporate structure of the group he controlled.
13.
Dan Goldstein consolidated and simplified the complicated multi-level corporate structure, which was a half arbitrary result of many historical and fiscal reasons.
14.
In parallel, Dan Goldstein attempted to bring new investors into the group.
15.
In 2004, Dan Goldstein decided to bring in an equal partner for the first time.
16.
From 2000, Dan Goldstein was Chairman of The Public Companies Association in Israel.
17.
Dan Goldstein was a demanded speaker in panels, typically representing corporate business interests.
18.
Dan Goldstein served as The chairman of the Board of Trustees of The Tel Aviv Academic College of Engineering.