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In April, the Bank of Israel raised its 2011 growth forecast to 4.5% The International Institute of Management Development (IMD) in Lausanne, Switzerland, in its 2011 World Competitiveness Yearbook ranked Israel in the 17th place among the world’s 59 leading economies in terms of competitiveness. The growth in GDP follows a 7.6%
In another we decended into a debate about our 5 year forecasts (I built the models so fielded most of these questions), and it became clear they probably weren’t the best fit for our Series A round (this group is no longer in the early-stage VC business). Thanks from switzerland, Nice story! Ps check mypicasso.com. Thanks Lee.
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