But sounding a warning, one leading entrepreneur says, ‘This feels like a bubble.’
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Tel Aviv — For several days last week, the world of high-tech seemed to take over Tel Aviv, as hundreds of foreign investors, executives and journalists descended on the city to mingle and size up Israel’s overflowing scene of start-ups and innovators.
The demise of Shai Agassi’s Better Place rattles a ‘Start-up Nation’ accustomed to success.
Tel Aviv — In recent years, the Better Place electric car startup and its visionary Shai Agassi have been synonymous with the daring and genius of Israeli tech entrepreneurs. The story of its founding even served as the introduction to the best-selling book “Start-Up Nation.”
Samsung Electronics has opened a $100 million fund dedicated to innovative applications of product systems and components of its various digital gadgets. Part of the fund will be directed to projects in Israel.