With more and more exciting Israeli tech startups like Waze, WiX, Mobileye, Outbrain and Taboola taking off over the past few years, the impact on the entire Israeli tech ecosystem is apparent. Over the last few years, I’ve also noticed a new trend in the Israeli VC landscape. In addition, there’s been frustration among young Israeli entrepreneurs who felt that Israeli VCs “don’t get them”, making many Israeli founders look for funding opportunities outside of Israel right from the start. He was recently promoted to a Partner at the fund and is extremely impressed with the level of cooperation inside the Israeli venture ecosystem compared to its US counterpart: “The Israeli venture ecosystem is more cooperative than the US one. Most of the Israeli VCs know each other very well.

Source: Forbes October 03, 2017 15:22 UTC