Erel Margalit on the Future of Work and Life Post-Covid

It is by now conventional wisdom that work in the post-Covid “new normal” will shift for many to working-from-home most of the time. The new “hybrid virtual model,” says McKinsey, “promises greater access to talent, increased productivity for individuals and small teams, lower costs, more individual flexibility, and improved employee experiences.”

But Erel Margalit, founder and Chairman of leading Israeli VC Jerusalem Venture Partners (JVP) begs to differ. He believes there is no alternative for “the process when you get in a room with a group of people and you come out after two or three hours with a different level of thinking, feeling much smarter and more invigorated.” Based on his 25-plus years of divining trends, successfully betting on the startups capitalizing on them and often going against the conventional wisdom, Margalit thinks that face-to-face meetings “is something a lot of people are longing to get back to.”

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UAE Minister of State for Food and Water Security Mariam al-Muhairi, left, and Erel Margalit, founder and chairman of Jerusalem Venture Partners, touch elbows after their meeting at the headquarter of the Government Accelerators in Dubai, United Arab Emirates, Tuesday, Oct. 27, 2020 (AP Photo/Kamran Jebreili)

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