Israeli Technology Breakfast Update

October 26, 2007 by jack petrie.

Israeli Tech Breakfast Series

I recently attended the Israeli Tech Breakfast Series’ October 11th, 2007 Breakfast discussion of Web 2.0 Israeli Innovation & Investment held at The Harvard Club and hosted by Loeb & Loeb LLP.

All-Star Panel

The panel discussion was moderated by Loeb & Loeb LLC’s Lloyd Rothenberg and featured LivePerson’s President & CFO, Tim Bixby; Crossbar Capital Managing Partner Charlie Federman; Pando Networks’ Co-Founder & CFO, Yaron Samid; and Yissum Technology Transfer Company of the Hebrew University of Jerusalem’s CEO, Nava Swersky.

Israel’s Technology Boom

The panel’s consensus was that Israel’s technology companies are rapidly becoming global, and not purely Israeli companies. Additionally, as the rest of the world adopts a global perspective, other countries are taking a page from Israel’s historical playbook by marketing to the globe.

What are some of the reasons for Israel’s booming technology sector?

• Comraderie - the social network in Israel is tighter by virtue of the country’s size, education system and military requirements;
• Technical Expertise - Israel’s top engineering talent provides original and innovative solutions for early-stage development;
• Persistence - Israeli entrepreneurs don’t give up easily.

So, why come to NYC?

What does New York offer to these companies that they can’t find in Israel:

1. Access to media and financial markets and customers,
2. Human factors - desire to pursue the “American dream”,
3. Greater opportunity (for success).

The follow-up event in The Security Breakfast Series NY will be a breakfast on November 1, 2007 discussing Public Transportation Investing in Homeland Security and Innovation at The Harvard Club from 8AM-9:30AM.

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