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It's probable, in fact, but even so, Tel Aviv is also way behind Paris, Berlin, Amsterdam, Stockholm, Munich, Barcelona, ... Note that most Israeli tech busine
by wheels 17y ago
It's probable, in fact, but even so, Tel Aviv is also way behind Paris, Berlin, Amsterdam, Stockholm, Munich, Barcelona, ...
Note that most Israeli tech businesses have to be international players. The Israeli market itself is tiny.
- nir 17y ago- CrunchBase is a very poor source for this data: established companies like Scitex/Scailex (http://en.wikipedia.org/wiki/Scailex_Corporation http://en.wikipedia.org/wiki/Scailex_Corporation) or Saifun (http://www.aboutus.org/SaiFun.com http://www.aboutus.org/SaiFun.com) don't appear at all, Zoran's entry (http://www.crunchbase.com/company/zoran http://www.crunchbase.com/company/zoran) doesn't list a location, Zend Technologies is listed as a Cupertino company when it was founded and still does its R&D in a suburb of Tel Aviv. - Tel Aviv is just one town, whereas the topic is Israel as a whole. Many of Israel's major players are in Haifa (where Israel's equivalent of MIT is located) or Jerusalem or other places - Israel is a tiny nation, the commute from Haifa to Tel Aviv can be quicker than taking the subway from Brooklyn to uptown Manhattan. By the way, do you have a source on the Israel-China VC shift? I think Sarah Lacy wrote something to that effect, but it seems strange since the two places have almost opposite characteristics. I can see China competing with India or Israel with Estonia, but not with each other.