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Chemi Peres

šŸ‘¤ Person
236 total appearances

Appearances Over Time

Podcast Appearances

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And also it became a conflict because you build something that looks like F-16, And when you go to markets, you actually compete with the American industry, which was not a good idea. And also, the Israeli Air Force was not really welcoming the Lavi as expected. They preferred to buy maybe F-16 or F-15.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And also it became a conflict because you build something that looks like F-16, And when you go to markets, you actually compete with the American industry, which was not a good idea. And also, the Israeli Air Force was not really welcoming the Lavi as expected. They preferred to buy maybe F-16 or F-15.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And also, the notion was that Israel should not really build a jet plane, but rather focus on the electronics, avionics, on the software, on the sensors. on the weaponry, but not necessarily on the fuselage and the engines and wings. We should actually get that. And then when you get the platform, you can upgrade it by putting a lot of wisdom and knowledge and experience into its systems.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And also, the notion was that Israel should not really build a jet plane, but rather focus on the electronics, avionics, on the software, on the sensors. on the weaponry, but not necessarily on the fuselage and the engines and wings. We should actually get that. And then when you get the platform, you can upgrade it by putting a lot of wisdom and knowledge and experience into its systems.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And also the importance of the software versus the hardware. But I think what happened is that at that time, the government, the prime minister was Rabin. My father was minister of foreign affairs. My father actually led the coalition against the Libyan.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And also the importance of the software versus the hardware. But I think what happened is that at that time, the government, the prime minister was Rabin. My father was minister of foreign affairs. My father actually led the coalition against the Libyan.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

No, we didn't talk about it. But, you know, he was the founder of the Israeli aerospace industries. And by nature, he was supposed to be the one who will drive those kind of projects with his vision and optimism. But he was also very realistic and he understood that it's not going to work. It's too costly. It's too expensive. controversial and not embraced.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

No, we didn't talk about it. But, you know, he was the founder of the Israeli aerospace industries. And by nature, he was supposed to be the one who will drive those kind of projects with his vision and optimism. But he was also very realistic and he understood that it's not going to work. It's too costly. It's too expensive. controversial and not embraced.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And he thought that we need to take a hard decision. And so the government voted to stop the project. I think it was the majority of one. And obviously, when it happened, they had to shut down the project. It was devastating. And for the first time and the last time in my life, I experienced what it means to be fired from your job.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

And he thought that we need to take a hard decision. And so the government voted to stop the project. I think it was the majority of one. And obviously, when it happened, they had to shut down the project. It was devastating. And for the first time and the last time in my life, I experienced what it means to be fired from your job.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

I feel sorry for the executives that had to fire thousands of people. They were doing the hard job. But I can tell you from my own experience, when you are fired from a job, it doesn't matter how good you were, how well you were, or how much you were appreciated, or how important your work was, and it's not your fault.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

I feel sorry for the executives that had to fire thousands of people. They were doing the hard job. But I can tell you from my own experience, when you are fired from a job, it doesn't matter how good you were, how well you were, or how much you were appreciated, or how important your work was, and it's not your fault.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

Still, it's a very humiliating event, a situation which I cherished very deeply in my memory to always remember that if I need to fire people, I need to be very, very sensitive. And I knew what they feel. And also I promised myself that I'm not going to be in that position anymore. I will never accept another position or situation like that.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

Still, it's a very humiliating event, a situation which I cherished very deeply in my memory to always remember that if I need to fire people, I need to be very, very sensitive. And I knew what they feel. And also I promised myself that I'm not going to be in that position anymore. I will never accept another position or situation like that.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

in my life, which means that I'm going to be the decision maker and the one who's responsible for his destiny. And that is a life-changing event. And with that, I moved on.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

in my life, which means that I'm going to be the decision maker and the one who's responsible for his destiny. And that is a life-changing event. And with that, I moved on.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

So first of all, things happened very quickly. I did not have much time to be sorry. I had to rise up and focus on the future. I had other positions that I still kept, like being test pilot. I was also a translator of books from English to Hebrew. I was doing a lot of jobs just to keep up. But the following day of that event, I got a phone call from a CEO of a social company.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

So first of all, things happened very quickly. I did not have much time to be sorry. I had to rise up and focus on the future. I had other positions that I still kept, like being test pilot. I was also a translator of books from English to Hebrew. I was doing a lot of jobs just to keep up. But the following day of that event, I got a phone call from a CEO of a social company.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

that was very close to Israel Aerospace Industries. And the CEO learned about me from the chief marketing officer of the company, which recently passed away. His name was David Orr. I traveled with him to market some of the activities that we've done. in the US, both military government. And I think he was very impressed with the work that we did.

Leap Academy with Ilana Golan
Chemi Peres: Overcoming Personal Challenges to Build Pitango, Israel’s Largest Venture Fund | E98

that was very close to Israel Aerospace Industries. And the CEO learned about me from the chief marketing officer of the company, which recently passed away. His name was David Orr. I traveled with him to market some of the activities that we've done. in the US, both military government. And I think he was very impressed with the work that we did.