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Mention that you do “Consumer tech” as a startup founder and you’d be limiting your funding options to one third of the venture capital funds (in Israel that figure is probably closer to 10%). But change seems to be brewing in the B2C space, powered by the fast advancements in AI and generative AI.
Sierra AI , founded by Bret Taylor (former co-CEO of Salesforce, CTO of Facebook and current chairman of OpenAI) is currently raising hundreds of millions of dollars at $4 billion valuation, just a year or so from launch after unlocking AI voice agents for companies. billion to re-hire the founders of Character.ai Google paid $2.6
The past year was a wild ride for startups and founders, giving a whole new meaning to the ”rollercoaster” aspect of being an entrepreneur. A combination of competition for top talent and an effort to bring employees back to the office drove startups in Israel to throw extravagant parties and all-inclusive retreats abroad.
Noreen Sablotsky is the founder and CEO of Imalac , a revolutionary company in the breastfeeding world. eld of marketing and sales for Ciba- Geigy Pharmaceuticals before co-founding Noven Pharmaceuticals in 1986. In the startup accelerator in Israel, I saw people of all ages participating in this vibrant community.
The global rise in venture capital didn’t skip Israel, which has been breaking new records the amount of venture capital raised by companies in 2021. Generally speaking this breakdown applies to Israel as well, with a number of huge outcomes in fintech (Melio, Rapyd, eToro, Papaya Global, etc) and of course Cybersecurity.
Consider Daniel Dreymann, a founder of Goodmail Systems Inc., Mr. Dreymann moved his family from Israel in 2004 after co-founding Goodmail in Mountain View, Calif., Israel Minister: No Change to Egypt Deal Israels foreign minister said Israel would not agree to re-evaluate its peace deal with Egypt.
Gili Golander is a co-founder and CMO at Bazaart. Your mission is to grow, and for B2C companies it means more users. Being from Israel – population of 8M – means no sizeable market on the home front. My co-founders told me their dream is to get covered on this large tech blog. Think global, start early.
In case you’re not yet familiar with us, we’re a seed/pre-seed venture capital firm investing in Gaming, Consumer and Metaverse/web3 tech with a spotlight on Israel (in fund I). For founders reading this, hope its help you better understand how investors think and address it in your pitch. link] — jack??
In December 2004, 19 years ago, I started VC Cafe with the simple goal of sharing insights, resources, and perspectives on venture capital and startups (with a spotlight on Israel). Consumer makes a comeback: for a while it seemed like VCs have distanced themselves from B2C startups.
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