I caught up with Naomi Krieger Carmy on her new role as the head of societal challenges division at the Israel Innovation Authority and what initiatives should startups in Israel be aware of.
Multinational Corporate involvement in Israel is breaking new records, reaching 77% of total invested capital in 2018. Large part of that activity is driven by MNCs. There are 368 multinational corporations active today in Israel. They drive much of the M&A activity and leverage Israel's talent for R&D. While overall it's extremely positive, it can also create a talent crunch for fledgling startups.
It's not only the media that makes us obsessed about private startup valuations - sometimes the founders and VCs play a role in it too. We take a look at valuations, how to speak with your VC about them and the Israel angle - privately owned unicorns and the Israeli charging ponies, startups who are well on their way to unicorn status.
“This defines entrepreneur and entrepreneurship?—?the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” – Peter F. Drucker I embarked on a 30 day blogging challenge to restore my passion for writing (more about it here)Please…
Japan is the world’s #3 economy…but not for Israel. It is not even a top 10 trading partner. To strengthen bi-lateral trade, Avi Hasson, Chief Scientist and Chairman of the Israeli Innovation Authority, led a delegation of 11 Israeli IoT startups this…
In a survey released this week by Google and BCG, among the 11 countries surveyed, Israelis ascribed the most value to their online media. The value that Israeli consumers attach to online media suggests that business models will need to rapidly adapt to this new environment.
As developers grow increasingly desperate for monetization, Amazon (which runs its own app store in 200 countries) identified success factors of the Top 50 applications.
From a modest $200 million in bi-lateral trade in 1992 (when diplomatic relations were established), India-Israeli trade surpassed $6 billion in 2012-13. This number is projected to double with the passage of a Free Trade Agreement.
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.
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.
Weekly Firgun Newsletter
Join founders and investors reading the weekly Firgun newsletter by Eze Vidra.