Israel Dismisses China and India
and fails to even mention Russia! The European Tech Tour is in Israel this week (well Israel qualifies for the Eurovision song contest so they get a bunch of VC's as well) The article is here from Forbes.
Not entirely sure how you are supposed to compare Israel with China and India. There may be some great technology in China and India, but its the spending power that drives deals there. Not many people in Israel but it would be the third most VC-active state in the US if it were a US state. Which is apolitical discussion that I am not even willing to start right now.
Theoretically Russia should compete with Israel more than India and China. However the article is right - we are not yet on the radar screen. Hopefully, an article in 3 years time will not make that mistake.
17 March 2004
Israel Dismisses China and India
and fails to even mention Russia! The European Tech Tour is in Israel this week (well Israel qualifies for the Eurovision song contest so they get a bunch of VC's as well) The article is here from Forbes.
Not entirely sure how you are supposed to compare Israel with China and India. There may be some great technology in China and India, but its the spending power that drives deals there. Not many people in Israel but it would be the third most VC-active state in the US if it were a US state. Which is apolitical discussion that I am not even willing to start right now.
Theoretically Russia should compete with Israel more than India and China. However the article is right - we are not yet on the radar screen. Hopefully, an article in 3 years time will not make that mistake.
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