Jon Medved's Recipe For Israel's Continued Tech Success
Israel’s thriving high-tech ecosystem needs a recalibration if it is to continue as a global hotspot, Jon Medved said in an article published on LinkedIn today. At first glance, things look good given the record $10.5 billion in investment the sector attracted in 2020 and its expected near doubling to $20 billion this year. Those gaudy numbers blur trouble, he cautioned, as early-stage startups are being shunned in favor of those in later stages. “The number of new startups founded each year is sharply declining, the number of seed-level investment rounds is diminishing, and governmental ...