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>the Israeli industry has much to gain by advertising their prowess in order to bolster their IT security bone fides internationally Absolutely. The Israeli Cy
by avip 7y ago
>the Israeli industry has much to gain by advertising their prowess in order to bolster their IT security bone fides internationally
Absolutely. The Israeli Cybersecurity brand is built partially on such (sometimes unsubstantial) PR.
The bubble is doing well though! almost 500 startups, > 1Billion$ VC funding in 2018 alone. Devs are happy.
- golergka 7y agoCurious as to why you think it's a bubble. Israeli startups have had many successful exits in recent years, although mostly acquisitions, and not many big flops.
- avip 7y agoIt's just my unsubstantial opinion. Too many players raising too much money in a consolidated market. Bar some notable exceptions (NSO), this herd of misguided lemmings has one way out - acquisition by Checkpoint/Imperva/SalesForce. But maybe I'm wrong and we'll see 100 Mobileyes in the coming decade.
- golergka 7y agoOh, in case you meant infosec in particular, you might be right, I don't really know much about this industry.
- avip 7y agoYes the numbers given above are just for the cyber sector.
- toomanyrichies 7y agoAt the risk of being pedantic- did you by chance mean "unsubstantiated"? :-) unsubstantiated (adj)- not supported or proven by evidence. unsubstantial (adj)- lacking material substance
- avip 7y agoThanks. Your correction is welcome and not pedantic at all (it's rather substantial). More so as I've repeated this mistake twice.
- toomanyrichies 7y ago> it's rather substantial I see what you did there.