In 1997, he founded STI Ventures NV, a venture capital firm that invests in start-up companies in Israel. In 1999, he was the owner of Tucows. BSGR and another investment firm, IMR, also control Cunico. A now-defunct company, of which he was a founder and shareholder, Nikanor plc, listed in London, was acquired by Katanga Mining in 2008. With his company called Scorpio, he owns real estate in Kazakhstan, Russia, and Eastern Europe.