What Makes an Israeli Venture Capitalist Happy….

August 18, 2006 - 1:10 PM by

When one of the companies that he helped grow from a tiny start-up becomes a household name…

Michael Eisenberg describes the thrill.

Nachas is the Hebrew (or yiddishism) word for joy, proud of or enjoyment. Generally it is used in blessing someone to have nachas, joy or proudness from their children.

Well, in the VC business you can get some Nachas as well aside from selling companies or taking them public. When one of your portfolio companies becomes a clue in the New York Times Crossword puzzle, that is Nachas. My Grandfather, who completed the NYT Crossword puzzle every day, would have had a lot of nachas from this. Check out clue 7 Down!

SDCTimes.jpg

Tags: • Category: Business 

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