
Serial Entrepreneur, Investor.
San Francisco Bay Area

Serial Entrepreneur, Investor.
San Francisco Bay Area
• Serial Entrepreneur & Investor. Shahar is currently running his 3rd venture
• Founded and built two profitable startups; successfully sold both
• Last position: CEO of Comverse Russia [NASDAQ100:CMVT]
• Achieved $120M international annual sales record
• Angel investor in several start-ups
• Internet and Mobile TeleCom industries expert
• Filed two patents in US and EU
• Fluent in English, Hebrew and Russian
•Enjoy building profitable companies & taking creative ideas into the market
•Establishment and leading of an aggressive sales organizations
•New Technology and Emerging Market Development
(Privately Held; Internet industry)
March 2005 — December 2008 (3 years 10 months)
www.TrustedOpinion.com is a Social Recommendations Network designed to deliver reliable, personalized recommendations for any variety of Products, Services, Media and Travel destinations around the world. Trusted Opinion generates the best recommendations based on the opinions of your network of friends as well as experts.
Company was selected as "one of the hottest Israeli web2.0 start-ups ’06” and "TechCrunch 100 companies ‘07”.
The site has attracted over 1M registered members and growing...
Feb’ 07 – Public Beta launch
Aug’ 07 – Serves Netflix customers with better movie recommendations
Aug’ 07 – CNET, TechCrunch posted positive coverage
Feb' 09 – IPhone app "Trusted" released
Aug' 09 – 1,000,000 registered members
Sept'09 – Series A private round accomplished ($4.72M in total)
Oct' 09 – "Social Networking TV" launch - social recommendations for IPTV
Oct' 09 – Orca Interactive chose TrustedOpinion to run its recommendations
Growing by >1,000 new members daily
(Public Company; CMVT; Telecommunications industry)
April 2001 — March 2005 (4 years )
Comverse Inc. NASDAQ100 listed company [CMVT] ($1B in sales). Market leader in Internet / Mobile Telecom products and billing for mobile operators
• Established Comverse Russia Office in Moscow and served as CEO
• Reached 200% year-on-year increase in sales
• Achieved $120 Millions annual sales record
• Awarded “President Annual Sales Award” in 2003 & 2004
(Internet industry)
December 1999 — March 2001 (1 year 4 months)
Served as COO of Israeli office (30 people) and VP R&D department; Built and operated secure, scalable web application, designed to support business processes efficiently for millions of users. Product was completed in 6 months and >10,000 ASP business partners with 2M users signed up for the service.
(Information Technology and Services industry)
February 1996 — January 1999 (3 years )
In 1996 founded and built profitable startup “InfoAuto”, which successfully sold to MARAM group in 1998. The company has developed and operated a countrywide 24X7 information system in Israel.
In 1998 following the sell of “InfoAuto” , co-founded and built another profitable startup "NationalBoard" (Luah Amami Ltd.) Sold the company to MARAM group, Israel in 1999
TAS (Target Account Sales) 2003 — 2003
Negotiation skills and executive sales tactics 2002 — 2002
B.A. Computer Science , Major in Internet and Java , 1997 — 2002
Comverse [NASDAQ:CMVT] President annual sales award 2003
Comverse [NASDAQ:CMVT] President annual sales award 2004