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This abundance that we’re all used to on the Western world is something that I definitely recognize is not for granted. My parents would put me in one line and they would stand in another line. You would stand in line and many times they ran out of product by the time they got to you, so you didn’t know what you were bringing home every day. It wasn’t so much just because we weren’t making money both of my parents had jobs. Basically, we were worried about are we going to have any food to eat. It was a very difficult environment in the late 60s, early 70s. Growing up, I was born in communism in the Ukraine, was part of the USSR, going back to the USSR.

ALEX MASHINSKY SERIAL

Alex is a serial entrepreneur and founder of seven startups, raising more than $1 billion and exiting over $3 billion.Īlex founded two of New York City’s top 10 venture-backed exits since 2000: Arbinet, with a 2004 IPO that had a market capitalization of over $750 million and Transit Wireless, valued at $1.2 billion.Īlex has received numerous awards for innovation, including being nominated twice by E&Y as ‘Entrepreneur of the Year’, in 2002 & 2011 Crain’s 2010 Top Entrepreneur the prestigious 2000 Albert Einstein Technology medal and the Technology Foresight Award for Innovation (presented in Geneva at Telecom 99).Īs one of the pioneers of web-based exchanges, Alex authored over 35 patents that cover aspects of the Smart Grid, ad exchanges, Twitter, Skype, App Store, Netflix and many other popular web companies.Īlex Mashinsky: I think part of the secret for the disruption and the innovation that I’ve experienced my entire life is being – behaving like a kid, asking a lot of questions, and challenging all the perceived realities that most adults get used to pretty quickly. Tune in to listen to Alex Mashinksy’s incredible entrepreneurial journey.Īlex is one of the inventors of VOIP (Voice Over IP) with a foundational patent dating back to 1994 and is now working on MOIP (Money Over IP) technology. Since entering the US, he founded a total of eight startups including Groundlink, Transit Wireless (a $1 billion business that powers the wireless system in New York City’s 300 subway stations, bringing 4G and WiFi coverage to 8.5 million daily commuters), Governing Dynamics (a venture fund that invests in promising tech companies), and his current venture Celsius Network - a crypto wallet which pays interest on the top 20 blockchain coins. He learned to trust himself– to figure things out and survive - two foundational skill sets you need as an entrepreneur.Īt some point in his young life, he decided to come to New York, with just a few dollars in his pocket and never left. The things he saw and experienced were unimaginable, but he credits much of his perseverance and winning mindset to his early year experiences. To intensify things, national military service is mandatory for all Israeli citizens over the age of 18, and when the time came, Alex was called to duty.

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Within the first six months, the Yom Kippur War (also known as the Arab-Israel War) was in full swing and the country was nearly overtaken by the opposition. Then his parents decided to migrate to Isreal, where the political environment continued to be tumultuous. A common occurrence in communist countries. On many occasions, his family would wait in line for whatever food was available and by the time they got to the front, there would be nothing left. They both had jobs and incoming money but the lack of food was a constant worry. Raised in the USSR - Ukraine, a communist country at the time, he saw first hand the struggle his parents went through.

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Subscribe: Android | Google Podcasts | RSS | MoreĪs a serial entrepreneur, Alex Mashinsky raised over $1 Billion in financing across his eight startups, generating over $3 Billion in exits and authored over 35 patents that cover aspects of Smart Grid, Ad Exchanges, Twitter, Skype, and Netflix.

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