Chancellor of the Exchequer George Osborne and representatives from the UK digital sector will officially launch the British Embassy High-Tech Hub in Israel, in a 300 people event planned for Thursday this week and followed by an official visit to Israel and the Palestinian Authority.
Moshe Lichtman, the man once in charge of all of Microsoft’s technology development in Israel, says that the time has come to build a billion dollar Israeli company. In this post I break down an article by TheMarker.co.il about Moshe Lichtman, and why he is one of few men or women capable of leading an Israeli startup to global billions.
Israeli startup Vikido has launched in beta, what some blogs call the Facebook for parents and their kids. The self proclaimed "social network with training wheels", enables kids to create and share audio, video and images with their parents, who can then control with whom the kids information is shared whether it is public or private (similar concept to Google+ Circles) as well as what channel is used for sharing, be it other social networks (Facebook, Twitter, Flickr, Google+ etc) or email.
Since their inauguration in February 2011, little has been shared on the VentureGeeks program or its participants - until now. Yesterday, VentureGeeks unveiled its first five investments in their Investor Day event, following the Y Combinator model.
The TAMID Fellowship is a selective program that funds TAMID’s most promising student leaders for an eight-week internship and business immersion experience in Israel. For Israeli companies, the TAMID Fellowship is a boon. TAMID compensates the interns directly, and companies are not required to provide a wage.
The recent wave of Internet IPOs seems to remind the Israeli VCs of the previous tech bubble. 50% of them, believe that we're about to enter a second bubble and 33% claim that Groupon, LinkedIn, Facebook, Twitter and Zynga are overvalued, according to the latest Israel VC Indicator Survey for Q2 2011, published by Deloitte.
As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor, which offers many helpful tools for prospecting investors. See the June 2011 edition after the jump. For previous editions, click here.
The latest Global Trends in Venture Capital report, compiled by the British Venture Capital Association (BVCA) and Deloitte, asks the question: "Is a an active IPO market in your home country essential for the success of the venture capital industry in that market?"
If you visited or lived in Israel, you know that parking in Tel Aviv can be a huge problem. Too many cars and too few spots. Two Israeli entrepreneurs in the 30s, Gev Rotem and Ilan Blum, are tackling the problem with their new startup, Parkpool.
Techcrunch broke the news on the acquisition of Poland-based Bliscy.pl by Israel-based MyHeritage.com. Bliscy will help MH increase reach as the acquisition brings MyHeritage family network to 56 million registered users and approximately 762 million profiles, 18 million family trees and 116 million photos.
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