Erel Margalit arrives at a press conference of the new Labor Party in Tel Aviv, Monday, March 7, 2011. Margalit, one of Israel's most successful venture capitalists, launched a different kind of ... more 
Erel Margalit arrives at a press conference of the new Labor Party in Tel Aviv, Monday, March 7, 2011. Margalit, one of Israel's most successful venture capitalists, launched a different kind of initiative on Monday, an attempt to help rebuild the once-dominant Labor Party. less 
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Associated Press | Photo By Oded Balilty
Wed, Mar 9, 2011 4:35 AM EST