By Micah Halpern
I've Been Thinking:
Good news. I seldom write about good news but this is something I must write about.
Israeli high tech raised $4.47 billion in investment money in 2015.
That is an increase of 30% over 2014 and, not surprisingly, a record high.
The rest of the world is slowing down as many tech investors have become shy and the investment market has become a bear market.
But Israel is the exception.
Of course, there are those who say that Israel is simply lagging and the reality of the market will catch up with them soon. But to the investor it is not a lag. Investors are always looking for opportunity and Israel always has great ideas that need funding, ideas that can become the newest high-tech phenomenon.
Israel's tech companies sell themselves very well and they entice investors. The promise is not just of great fortune, the promise is that the new product or company will make a huge difference and change the world as we know it.
708 deals were struck last year. $1.2 billion worth of investment was brought in during the last quarter alone.
Investors have faith in Israel and in the future of Israel.
That is a very optimistic message.
Micah@MicahHalpern.com
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