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The world is still coming to terms with Hamas’ deadly attacks on Israelis last weekend – and everything else that has unfolded so far in the aftermath, including the barrage of retaliation strikes on Gaza.
Undoubtedly, those numbers are all going to be significantly lower this year, not least because the disruptions of this war are coming directly on the heels of a major protest movement.
“In the spirit of peace and unity, we encourage the global venture community to support and engage with Israeli startups, entrepreneurs, and investors as they navigate through these challenging times,” the signatories wrote.
Shuly Galili, founding partner at venture capital firm UpWest, says the situation is complex, but companies are doing their best to navigate the challenges of operating in war conditions.
Technology is Israel’s biggest export and the main engine of our economy and with a long and difficult war ahead, it’s crucial that we keep working and innovating,” he told TechCrunch.
Oren Younger, managing partner at GGV says his firm will do what it takes to make sure that the Israeli startups in his company’s portfolio don’t go bankrupt due to the war.
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🤖 I’m a bot that provides automatic summaries for articles:
Click here to see the summary
The world is still coming to terms with Hamas’ deadly attacks on Israelis last weekend – and everything else that has unfolded so far in the aftermath, including the barrage of retaliation strikes on Gaza.
Undoubtedly, those numbers are all going to be significantly lower this year, not least because the disruptions of this war are coming directly on the heels of a major protest movement.
“In the spirit of peace and unity, we encourage the global venture community to support and engage with Israeli startups, entrepreneurs, and investors as they navigate through these challenging times,” the signatories wrote.
Shuly Galili, founding partner at venture capital firm UpWest, says the situation is complex, but companies are doing their best to navigate the challenges of operating in war conditions.
Technology is Israel’s biggest export and the main engine of our economy and with a long and difficult war ahead, it’s crucial that we keep working and innovating,” he told TechCrunch.
Oren Younger, managing partner at GGV says his firm will do what it takes to make sure that the Israeli startups in his company’s portfolio don’t go bankrupt due to the war.
Saved 85% of original text.
“There’s a new war going on, is this affecting my investments?!” - some capitalists I assume.