A few days ago, The Marker released an update on the status of Israeli venture capital. It turns out that 28 funds have been hurt from the current economic downturn. More than 7 funds have executed lay-offs in more than five portfolio companies each. One of the most impacted funds was Pitango, Israel’s largest VC …
Continue reading “Sequoia’s new year resolution: Shrink headcount”
Volatility in the markets soared this past week as we approach the end of the first month of 2008, and as we’ll approach the likely reality that the US has already entered a recession. The San Francisco Business Journal asked me to provide a comment for the article “Israel rolls out high-tech stars“. The question …
Continue reading “Bitesize newsbrief: Israeli startup headlines for the week of 01.29.08 | VC Cafe”
Back in November, I posted a call for Israeli companies to apply to the Israel Web Tour, a week long trip to Silicon Valley organized by the California Israel Chamber of Commerce led by Shuly Galili. 90 companies have applied, and after careful deliberation, the tour’s steering committee has selected the 15 companies that will …
Continue reading “The chosen people: 15 startups to represent Israel in Silicon Valley”
