Founder and Venture Partner at EXITEAM CAPITAL PARTNERS PRE IPO TECHNOLOGY INVESTMENTS
The past year has been a period of great upheaval and uncertainty in Israel, yet the high-tech sector has proven steadfast, despite concerns over investment and durability and swathes of the workforce serving in the IDF reserves for long stretches at a time. And as Israel navigates this time of war on multiple fronts – with its troops fighting in Gaza and Lebanon as well as handling attacks from Iran, Iraq, Syria and Yemen – NoCamels asked leaders in the sector to look forwards and share their thoughts on what the future holds for the national high-tech industry, whose strength and vitality earned the country the moniker “Startup Nation.” Israeli readiness to embrace innovation, even when it seems somewhat risky, is a long-standing trait that is key to the sector thriving even in wartime – and crucial to it flourishing in the years to come, says Jon Medved, the CEO of Israel’s global investment powerhouse OurCrowd. “The fact that Israel grows and it continues to grow its tech sector during war is sort of a core element of who we are,” Medved tells NoCamels. “The reason that we’re so strong in the startup arena boils down, more than any other single reason, to our attitude towards risk. We are people who have learned to live with risk, even though I’m not sure we chose it.” https://lnkd.in/d4RbW_8a
