The BUBBLE came to Israel too, with a record $4.2 billion in exits, averaging $83 million. While there were IPOs (notably Wix in November), most of the acquisitions were made by global technology companies with R&D Centers (and their corporate M&A teams) in Israel, including Apple, Google, EMC, AOL, Cisco, IBM and now Facebook.
2014 will be a BIG year for Digital Marketing. AdAge’s annual survey of top B2B marketers found that 80% have boosted their digital marketing budgets, the highest proportion ever. A new wave of Israeli marketing technology startups are helping CMOs get more bang for their digital buck.
This week marked the annual b2b marketing frenzy known as the Consumer Electronics Show (URL) in Las Vegas. 155,000 visitors, a record, trundled across an Exhibition Area the size of 37 football fields. Las Vegas has become the new Cannes and the stakes are indeed high. Surrounded by roulette wheels and craps tables, Madison Avenue has chosen to double down on the Silicon Valley model.
Guest post by Daniel Abrahams, founder of CurrencyTransfer. I’ve always been intrigued by the success of the ‘Startup Nation.’ In this post, I want to share my story. That of a British startup which naively arrived for three months in Tel Aviv and hasn’t looked back since.
Music is everyone’s favorite example of digital disruption done wrong. After peaking at $38 billion revenue more than a decade ago, the industry stabilized last year at $16.5 billion. Now the focus is on digital music GROWTH. 2014 will be the year in which internet radio leads the music industry’s growth.
I was asked to contribute to a crowdsourced book about the future, looking to predict the world in 2020. While it doesn’t seem that far away, I took the liberty of virtually ‘closing my eyes’ to imagine how Media, Context and Education would change in 6 years time.
One can clearly see a close and compelling partnership between Britain and Israel, specifically in business and trade, where both countries recognising their partner’s strengths, seek to use it to encourage and enhance their own potential.
Harvard Professor Yochai Benkler has a radical premise: cooperation triumphs over self-interest. In a lecture this month in Tel Aviv, he called for cooperation and community as a tool to fundamentally transform business.
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