Comments on: Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II) http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/ Startup and Technology News Thu, 26 Nov 2009 13:24:56 -0800 hourly 1 By: Sarbanes Oxley backlash is Growing — Ben Atlas http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-2/#comment-2825557 Sarbanes Oxley backlash is Growing — Ben Atlas Sat, 27 Jun 2009 15:50:08 +0000 http://www.techcrunch.com/?p=52429#comment-2825557 [...] reflection of the devastating Sarbanes Oxley impact on the Israeli Tech by Sarah Lacy – Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II): “SarbOx put a chill on small-but-growing companies’ ability to go public on the Nasdaq. [...] [...] reflection of the devastating Sarbanes Oxley impact on the Israeli Tech by Sarah Lacy – Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II): “SarbOx put a chill on small-but-growing companies’ ability to go public on the Nasdaq. [...]

]]> By: blogmarks for 2009-06-24 | I Live In Success http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-2/#comment-2822576 blogmarks for 2009-06-24 | I Live In Success Thu, 25 Jun 2009 23:57:55 +0000 http://www.techcrunch.com/?p=52429#comment-2822576 [...] Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II) [...] [...] Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II) [...]

]]> By: Bobby http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-2/#comment-2685213 Bobby Sun, 05 Apr 2009 06:13:37 +0000 http://www.techcrunch.com/?p=52429#comment-2685213 Sorry I meant Vineyard Ventures. Sorry I meant Vineyard Ventures.

]]> By: Bobby http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-2/#comment-2685212 Bobby Sun, 05 Apr 2009 06:11:54 +0000 http://www.techcrunch.com/?p=52429#comment-2685212 Your numbers are plain wrong. If you want to get the accurate data contact Alan Feld at Vinyard Ventures in Hertzliya. Vinyard is a secondary fund that buys out LP interests in Israeli VC firms. Vinyard has the best data bar none. I spoke Alan and he reviewed your article. He says it is completely inaccurate. Your numbers are plain wrong. If you want to get the accurate data contact Alan Feld at Vinyard Ventures in Hertzliya. Vinyard is a secondary fund that buys out LP interests in Israeli VC firms. Vinyard has the best data bar none. I spoke Alan and he reviewed your article. He says it is completely inaccurate.

]]> By: nemrut http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-2/#comment-2680853 nemrut Thu, 02 Apr 2009 06:06:39 +0000 http://www.techcrunch.com/?p=52429#comment-2680853 ...just curious if Sarah has ever even worked at a startup. backseat drivers have little credibility until they actuallyknow what it's like to toil away at something most consider destined to fail. …just curious if Sarah has ever even worked at a startup. backseat drivers have little credibility until they actuallyknow what it’s like to toil away at something most consider destined to fail.

]]> By: The Face Of Web 3.0 Next Internet Billionaire http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-2/#comment-2680190 The Face Of Web 3.0 Next Internet Billionaire Wed, 01 Apr 2009 19:24:36 +0000 http://www.techcrunch.com/?p=52429#comment-2680190 Out of MYvosi LLC, comes the face of Web 3.0, Maurice Valentino. Valentino never thought that out of his humble past that he would soon be the creator and innovator of the newest web technology that positions him to become the next Internet billionaire. The Firm United LLC, which is a holding company for several companies including MYvosi LLC which houses Valentino’s genius creation, Myvosi Web 3.0, the wave of the future. Myvosi Web 3.0 is a media/data exchange tool, a search engine that gains knowledge of the user the more it is used. It can be used for networking, it offers the most up to date encryption for product being sold/personal information and has a virtual mall with a presence of 250,000 national and international vendors in contract.In addition to your own personal virtual assistant that controls your every experience desire. "It will challenge us and move us into the future now," says Valentino. The site offers human deductive reasoning and inference. “Imagine a machine with personality that's proactive,sounds like efficiency to me.” states The Face Of Web 3.0(Maurice Valentino). Valentino also went on to explain in more detail what to expect from MYvosi LLC and Web 3.0."MYvosi Web 3.0 is the successful marriage of artificial intelligence and the web. In addition we want to be efficient not only from an economical and an environmental perspective but also from an individual and technological perspective. Web 1.0 was for all to read, Web 2.0 was for all write and Web 3.0 is and will be for all to innovate.” personalize your future, live out your potential. Myvosi web 3.0 allows you to search by sentences not eliminating the keyword based search but expanding on it. You can type in sentences and in turn it would return relevant results and suggest other content related to your search terms. You can ask your browser questions such as "where can i go for lunch" and it will provide you, based on your likes & dislikes something suitable (human deductive Reasoning)."Many fear that this detailed information about them will be exposed, but it is the exact opposite," says Valentino. Your likes and dislike /personal information are not publicized they are on an encrypted network using the same encryption's as the one used by the major banks in the world(ex. the TLS and the high 128 bit encryption). This graduates the common concept of the current web, typing in the same information and getting the same information. What's now offered is a unique individual experience on the web tailored to fit you personality. Myvosi Web 3.0 consist partially of "mashup" applications. An example would be looking up restaurants and have it tie in to another application(GPS) giving you place and directions. Myvosi Web 3.0 has the most intelligent software agent at the click of a button. You can share data files securely and efficiently without the threat of viral and other harmful applications (worms,Trojan horses,malware,etc) infecting your computer.A quote from Thomas Chille" For manifesting a web 3.0, we need a web 3.0. We need a real evolutionary shift in the perception of the web by the end users. Much like the paradigm shift in involving the user generated content for web 2.0." Its purpose is to educate, create, and innovate the end User's experience of the Web's resources. It is the web's Advanced Version Of the 3 dimensional giant"Second Life,"but Extremely user efficient. The applauding moment was simply this stated by The Face Of Web 3.0 "Most importantly Web 3.0 Is all of you. It isn't the dominating player with the most Bank. It is about you (the user). We as individuals craft web 3.0. we all have a major role in its implementation" says Valentino. This is just an overview what Myvosi Web 3.0 offers. The detailed version would require a 1,000 paged text book and far superceeds what was said today. Myvosi Web 3.0 launch date is in the summer (July) of 2010. Special Acknowledgments: *Barack Obama in his spirited aura of change *Tim Berners-Lee and Robert Cailliau who created the World Wide Web at CERN *James Hendler An artificial Intelligence Researcher *Nigel Richard Shadbolt founder of the Web Science Research Initiative *Ora Lassila a Finnish computer scientist *Computer Science University of Southampton *Artificial intelligence department @ University of Edinburgh *Eric Schmidt CEO Of Google *Doug Lenat Computer Scientist Ceo of Cycorp *Kevin Kelly Great Mind If I left anyone out you are not forgotten, but for the sake of time, many more I give thanks to. Thank you all for your research , your time invested in making us better and more efficient economically and environmentally, America and the World thanks you. A few pioneers of Green Energy who deserve recognition *Scott mcnealy co founder of sun micro systems say that technology of the Internet is the most planetary efficient way of conducting business *John Doer partner, Kleiner Perkins Caufield Byers says that Germany is the largest buyer of solar cells around the world "These are point that should be noticed and implemented in our economic and environmental strategy and conducive to like such recovery" Says Valentino *MIT chemist Daniel Nocera *Thomas Hinderling innovator who wants to build solar island to make us more efficient. *Texas oilmen like T. Boone Pickens started pushing alternative energy *Steven Chu head the Department of Energy just to name a few. "These are a few of the people who have inspired me to offer the Next generation ready platform. I look at their stories and their desire to innovate and to make better. These are things and mindsets I was conceived in. These Great minds gave me the foundation to start myvosi and change the future. So I personally feel they deserve a great deal of recognition" Says The Face Of Web 3.0 Maurice Valentino Out of MYvosi LLC, comes the face of Web 3.0, Maurice Valentino. Valentino never thought that out of his humble past that he would soon be the creator and innovator of the newest web technology that positions him to become the next Internet billionaire.
The Firm United LLC, which is a holding company for several companies including MYvosi LLC which houses Valentino’s genius creation, Myvosi Web 3.0, the wave of the future.
Myvosi Web 3.0 is a media/data exchange tool, a search engine that gains knowledge of the user the more it is used. It can be used for networking, it offers the most up to date encryption for product being sold/personal information and has a virtual mall with a presence of 250,000 national and international vendors in contract.In addition to your own personal virtual assistant that controls your every experience desire.
“It will challenge us and move us into the future now,” says Valentino. The site offers human deductive reasoning and inference. “Imagine a machine with personality that’s proactive,sounds like efficiency to me.” states The Face Of Web 3.0(Maurice Valentino).
Valentino also went on to explain in more detail what to expect from MYvosi LLC and Web 3.0.”MYvosi Web 3.0 is the successful marriage of artificial intelligence and the web. In addition we want to be efficient not only from an economical and an environmental perspective but also from an individual and technological perspective. Web 1.0 was for all to read, Web 2.0 was for all write and Web 3.0 is and will be for all to innovate.” personalize your future, live out your potential. Myvosi web 3.0 allows you to search by sentences not eliminating the keyword based search but expanding on it. You can type in sentences and in turn it would return relevant results and suggest other content related to your search terms. You can ask your browser questions such as “where can i go for lunch” and it will provide you, based on your likes & dislikes something suitable (human deductive Reasoning).”Many fear that this detailed information about them will be exposed, but it is the exact opposite,” says Valentino. Your likes and dislike /personal information are not publicized they are on an encrypted network using the same encryption’s as the one used by the major banks in the world(ex. the TLS and the high 128 bit encryption). This graduates the common concept of the current web, typing in the same information and getting the same information. What’s now offered is a unique individual experience on the web tailored to fit you personality. Myvosi Web 3.0 consist partially of “mashup” applications. An example would be looking up restaurants and have it tie in to another application(GPS) giving you place and directions. Myvosi Web 3.0 has the most intelligent software agent at the click of a button. You can share data files securely and efficiently without the threat of viral and other harmful applications (worms,Trojan horses,malware,etc) infecting your computer.A quote from Thomas Chille” For manifesting a web 3.0, we need a web 3.0. We need a real evolutionary shift in the perception of the web by the end users. Much like the paradigm shift in involving the user generated content for web 2.0.” Its purpose is to educate, create, and innovate the end User’s experience of the Web’s resources. It is the web’s Advanced Version Of the 3 dimensional giant”Second Life,”but Extremely user efficient. The applauding moment was simply this stated by The Face Of Web 3.0 “Most importantly Web 3.0 Is all of you. It isn’t the dominating player with the most Bank. It is about you (the user). We as individuals craft web 3.0. we all have a major role in its implementation” says Valentino. This is just an overview what Myvosi Web 3.0 offers. The detailed version would require a 1,000 paged text book and far superceeds what was said today. Myvosi Web 3.0 launch date is in the summer (July) of 2010.

Special Acknowledgments:
*Barack Obama in his spirited aura of change
*Tim Berners-Lee and Robert Cailliau who created the World Wide Web at CERN
*James Hendler An artificial Intelligence Researcher
*Nigel Richard Shadbolt founder of the Web Science Research Initiative
*Ora Lassila a Finnish computer scientist
*Computer Science University of Southampton
*Artificial intelligence department @ University of Edinburgh
*Eric Schmidt CEO Of Google
*Doug Lenat Computer Scientist Ceo of Cycorp
*Kevin Kelly Great Mind
If I left anyone out you are not forgotten, but for the sake of time, many more I give thanks to. Thank you all for your research , your time invested in making us better and more efficient economically and environmentally, America and the World thanks you.

A few pioneers of Green Energy who deserve recognition
*Scott mcnealy co founder of sun micro systems say that technology of the Internet is the most planetary efficient way of conducting business
*John Doer partner, Kleiner Perkins Caufield Byers
says that Germany is the largest buyer of solar cells around the world
“These are point that should be noticed and implemented in our economic and environmental strategy and conducive to like such recovery” Says Valentino
*MIT chemist Daniel Nocera
*Thomas Hinderling innovator who wants to build solar island to make us more efficient.
*Texas oilmen like T. Boone Pickens started pushing alternative energy
*Steven Chu head the Department of Energy
just to name a few.

“These are a few of the people who have inspired me to offer the Next generation ready platform. I look at their stories and their desire to innovate and to make better. These are things and mindsets I was conceived in. These Great minds gave me the foundation to start myvosi and change the future. So I personally feel they deserve a great deal of recognition” Says The Face Of Web 3.0 Maurice Valentino

]]> By: Michal http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2679970 Michal Wed, 01 Apr 2009 17:23:55 +0000 http://www.techcrunch.com/?p=52429#comment-2679970 Why is a $1B exit the holly grail of exits? You are assuming that entrepreneurs are making a risk a verse decision when passing a possibility for $1 billion for a certainty of thirty million, or even just five. You do forget however to account for an entrepreneur’s cut of $1 billion deal, be it an IPO or an acquisition. Fact of the matter is that by the time a VC-backed company grows into a $1 billion corporation, most entrepreneurs holdings have been diluted back to water. Investors tends to leave the founders’ interests well behind their own, and by the time the cake has been cut after the exit, the entrepreneur’s cut may not be over the $30M he (she?) could have gotten five or eight years earlier with an early exit. You also forget that one of the major pressures on entrepreneurs to sell, are the investors themselves. When a company doesn’t grow at the rate investors expect it to, they loose patience with the company and pressure for an exit, even at lower returns. In the special case of Israel, take whatever data you can get your hands on (though I know for a fact that the Dow Jones data is far from the best you can get on Israel) and ask yourself what percentage of the total mount of exits did $1 billion companies account for, and how are these data compared to number from the US and Europe. I think you’d be amazed. You see the thing with data is – while the source matters greatly – what matters even more is how you look at the numbers and what questions exactly are you looking to get answered. You know what they say about statistics – validity does not account for significance. So while your questions was valid, your conclusion is far from significant (statistically speaking, that it). Why is a $1B exit the holly grail of exits? You are assuming that entrepreneurs are making a risk a verse decision when passing a possibility for $1 billion for a certainty of thirty million, or even just five. You do forget however to account for an entrepreneur’s cut of $1 billion deal, be it an IPO or an acquisition.
Fact of the matter is that by the time a VC-backed company grows into a $1 billion corporation, most entrepreneurs holdings have been diluted back to water. Investors tends to leave the founders’ interests well behind their own, and by the time the cake has been cut after the exit, the entrepreneur’s cut may not be over the $30M he (she?) could have gotten five or eight years earlier with an early exit.
You also forget that one of the major pressures on entrepreneurs to sell, are the investors themselves. When a company doesn’t grow at the rate investors expect it to, they loose patience with the company and pressure for an exit, even at lower returns.

In the special case of Israel, take whatever data you can get your hands on (though I know for a fact that the Dow Jones data is far from the best you can get on Israel) and ask yourself what percentage of the total mount of exits did $1 billion companies account for, and how are these data compared to number from the US and Europe. I think you’d be amazed.

You see the thing with data is – while the source matters greatly – what matters even more is how you look at the numbers and what questions exactly are you looking to get answered. You know what they say about statistics – validity does not account for significance. So while your questions was valid, your conclusion is far from significant (statistically speaking, that it).

]]> By: Question To Malcolm http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2679869 Question To Malcolm Wed, 01 Apr 2009 16:09:35 +0000 http://www.techcrunch.com/?p=52429#comment-2679869 So you are saying the Jews don't deserve a State of their own even if one would exist in peace side by side to a Palestinian one? Are there any other people you deny such a right? Because that is racism. So you are saying the Jews don’t deserve a State of their own even if one would exist in peace side by side to a Palestinian one?

Are there any other people you deny such a right? Because that is racism.

]]> By: BloggersBase Social Media http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2677871 BloggersBase Social Media Tue, 31 Mar 2009 15:25:04 +0000 http://www.techcrunch.com/?p=52429#comment-2677871 <strong>Sarah Lacy Talks about the State of Silicon Valley...</strong> Sarah Lacy is a busy lady. She co-hosts the Web video show Yahoo! Tech Ticker, writes and edits for TechCrunch and is a columnist for BusinessWeek. As if that wasn't enough, she has written a...... Sarah Lacy Talks about the State of Silicon Valley…

Sarah Lacy is a busy lady. She co-hosts the Web video show Yahoo! Tech Ticker, writes and edits for TechCrunch and is a columnist for BusinessWeek. As if that wasn’t enough, she has written a……

]]> By: Blonde 2.0 » Blog Archive » » Sarah Lacy Talks about the State of Silicon Valley http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2677678 Blonde 2.0 » Blog Archive » » Sarah Lacy Talks about the State of Silicon Valley Tue, 31 Mar 2009 13:03:16 +0000 http://www.techcrunch.com/?p=52429#comment-2677678 [...] she has been a constant presence at events like Garage Geeks and Kinernet. She has also been quite candid about her thoughts on the condition of the venture capital/ start-up ecosystem in [...] [...] she has been a constant presence at events like Garage Geeks and Kinernet. She has also been quite candid about her thoughts on the condition of the venture capital/ start-up ecosystem in [...]

]]> By: Todd http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2677387 Todd Tue, 31 Mar 2009 07:34:45 +0000 http://www.techcrunch.com/?p=52429#comment-2677387 Could you please provide some examples of companies that sold too early? Could you please provide some examples of companies that sold too early?

]]> By: Sambo http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2676828 Sambo Mon, 30 Mar 2009 20:55:59 +0000 http://www.techcrunch.com/?p=52429#comment-2676828 4. India? China? Indonesia? You must admit that there is a complete innovative dis-proportionality to the size of the population. Even if you compared Israel's high tech centers populations to Silicon Valley and Boston, this dis-proportionality increases (Israel is the size of New Jersey in landmass, half of which is desert and has LESS population then New Jersey). Israeli start ups sometimes sell early (many many examples), sometimes sell late (Alladin), and sometimes sell on time (ICQ). Timing is key and hindsight is not always 20/20. 4. India? China? Indonesia?

You must admit that there is a complete innovative dis-proportionality to the size of the population.

Even if you compared Israel’s high tech centers populations to Silicon Valley and Boston, this dis-proportionality increases (Israel is the size of New Jersey in landmass, half of which is desert and has LESS population then New Jersey).

Israeli start ups sometimes sell early (many many examples), sometimes sell late (Alladin), and sometimes sell on time (ICQ). Timing is key and hindsight is not always 20/20.

]]> By: asapi http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2676724 asapi Mon, 30 Mar 2009 19:18:43 +0000 http://www.techcrunch.com/?p=52429#comment-2676724 In my opinion these posts are filled to the brim with gross over-generalizations, to the point of racism. Sarah - I don't know where you got these half-baked notions about Israelis (possibly from Israelis trying to be friendly during a one-on-one) but peddling them in a professional blog is pointless, tasteless and dangerous. To the point - I think most people would agree that at the end of the day, Israel tends to produce startups which focus on and excel in technology and innovation; in other words - I think it's safe to say that so far Israel has not produced too many hype-based, "we're like X only with a new interface", useless, no-innovation-AND-no-business-model services and products, which seems to be the main focus of this particular blog. I mean - the audacity! blaming Israeli start-ups for "wanting to cash in quickly"! 9 out of 10 of the companies you write about regularly here on techcrunch- those "tweeter meets facebook with vimeo for the iPhone" stuff - I mean - these guys aren't even pretending to have done anything new, or to have improved anyone's life! All they are doing is riding the (extremely short-lived and treacherous) hype wave, created around and by their mates just the week before. So do me a favor - think about Israel and Israelis what you may - but don't blame Israelis for business strategies which are in fact the cornerstone of most companies you write about here in your own blog. In my opinion these posts are filled to the brim with gross over-generalizations, to the point of racism.

Sarah – I don’t know where you got these half-baked notions about Israelis (possibly from Israelis trying to be friendly during a one-on-one) but peddling them in a professional blog is pointless, tasteless and dangerous.

To the point – I think most people would agree that at the end of the day, Israel tends to produce startups which focus on and excel in technology and innovation;

in other words – I think it’s safe to say that so far Israel has not produced too many hype-based, “we’re like X only with a new interface”, useless, no-innovation-AND-no-business-model services and products, which seems to be the main focus of this particular blog.

I mean – the audacity! blaming Israeli start-ups for “wanting to cash in quickly”!

9 out of 10 of the companies you write about regularly here on techcrunch- those “tweeter meets facebook with vimeo for the iPhone” stuff – I mean – these guys aren’t even pretending to have done anything new, or to have improved anyone’s life!

All they are doing is riding the (extremely short-lived and treacherous) hype wave, created around and by their mates just the week before.

So do me a favor – think about Israel and Israelis what you may – but don’t blame Israelis for business strategies which are in fact the cornerstone of most companies you write about here in your own blog.

]]> By: jim http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2676480 jim Mon, 30 Mar 2009 15:02:48 +0000 http://www.techcrunch.com/?p=52429#comment-2676480 most probably is that because they can't market their services in the region because they are bordering their enemies. The best solution is to do peace and to resolve all the issues with the Arab World. And i don't think that the peace action should be from the Arab World, but from Israel itself, because it is the one that keeps on doing its inhumane acts. In addition, Israelis (the people) are very intelligent people and what they are doing is absolutely right. i hope to see more startups from that region most probably is that because they can’t market their services in the region because they are bordering their enemies. The best solution is to do peace and to resolve all the issues with the Arab World. And i don’t think that the peace action should be from the Arab World, but from Israel itself, because it is the one that keeps on doing its inhumane acts.
In addition, Israelis (the people) are very intelligent people and what they are doing is absolutely right.
i hope to see more startups from that region

]]> By: Tolstoy http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2676078 Tolstoy Mon, 30 Mar 2009 01:43:59 +0000 http://www.techcrunch.com/?p=52429#comment-2676078 Speaking of writers there are those who motivate and those who put you to sleep. Which one are you? Speaking of writers there are those who motivate and those who put you to sleep. Which one are you?

]]> By: james barclay http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2676061 james barclay Mon, 30 Mar 2009 01:05:58 +0000 http://www.techcrunch.com/?p=52429#comment-2676061 Is talking about Israelis as one herd mentality not a generalisation...what if the article was titled - jews sell way too early?? Most would agree that the article then becomes offensive, so label them as Israelis and it becomes acceptable talk fodder at Techcrunch....No wonder all the anti semites came crawling out of the woodwork.. Here's a lesson for You Miss Nationality psychiatrist - Israelis are like any other nationality - some sell early, some sell late and some sell at just the right time....its a bit like writers - some make sense, some do not and then there are those who talk out their arse. Is talking about Israelis as one herd mentality not a generalisation…what if the article was titled – jews sell way too early?? Most would agree that the article then becomes offensive, so label them as Israelis and it becomes acceptable talk fodder at Techcrunch….No wonder all the anti semites came crawling out of the woodwork..

Here’s a lesson for You Miss Nationality psychiatrist – Israelis are like any other nationality – some sell early, some sell late and some sell at just the right time….its a bit like writers – some make sense, some do not and then there are those who talk out their arse.

]]> By: Steve http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2676003 Steve Sun, 29 Mar 2009 23:11:32 +0000 http://www.techcrunch.com/?p=52429#comment-2676003 People lend money to people - people they understand, people they like, people they know. As any VC will tell you it's "the team" that matters. The Jewish community is over-represented in the financial community - consequently it's over-represented in VC deals. There's plenty of talent in Israel, I'm sure - but probably not significantly more than there is in any other first world country. These stats could well be because the talent is spread too thin. People lend money to people – people they understand, people they like, people they know. As any VC will tell you it’s “the team” that matters. The Jewish community is over-represented in the financial community – consequently it’s over-represented in VC deals.

There’s plenty of talent in Israel, I’m sure – but probably not significantly more than there is in any other first world country. These stats could well be because the talent is spread too thin.

]]> By: Christos http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675927 Christos Sun, 29 Mar 2009 21:00:20 +0000 http://www.techcrunch.com/?p=52429#comment-2675927 One of the biggest mistakes for an inexperienced to be co-founder is to go into a business with someone who had already made their fortune. The veteran entrepreneurs tend to get delusional based on the successful experiences with their previous startups. They look at the new venture as a pissing contest with their fellow entrepreneurs, often failing to realize the needs of other people in the company. Selling early is a sign of wisdom and not giving in to the societal pressure of the delusional minds. One of the biggest mistakes for an inexperienced to be co-founder is to go into a business with someone who had already made their fortune. The veteran entrepreneurs tend to get delusional based on the successful experiences with their previous startups. They look at the new venture as a pissing contest with their fellow entrepreneurs, often failing to realize the needs of other people in the company.

Selling early is a sign of wisdom and not giving in to the societal pressure of the delusional minds.

]]> By: Malcolm Grant http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675892 Malcolm Grant Sun, 29 Mar 2009 20:12:26 +0000 http://www.techcrunch.com/?p=52429#comment-2675892 No, anti-semites =/= anti-zionist. Anti-semitism is wrong; no one would argue that. Anti-zionism is just common sense. No, anti-semites =/= anti-zionist.

Anti-semitism is wrong; no one would argue that.

Anti-zionism is just common sense.

]]> By: 15 Israel-related headlines from the week March 22, 2009 (Sarah Lacy TechCrunch Edition) : Israel Innovation 2.0 http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675874 15 Israel-related headlines from the week March 22, 2009 (Sarah Lacy TechCrunch Edition) : Israel Innovation 2.0 Sun, 29 Mar 2009 19:41:24 +0000 http://www.techcrunch.com/?p=52429#comment-2675874 [...] Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II) (TC) Twitter responds Share and Enjoy: [...] [...] Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II) (TC) Twitter responds Share and Enjoy: [...]

]]> By: Scott Duffy http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675848 Scott Duffy Sun, 29 Mar 2009 19:15:53 +0000 http://www.techcrunch.com/?p=52429#comment-2675848 This was an excellent well-balanced article. Nice to see all the anti-semites and anti-arabs in the comments have taken the day off today. Take the rest of the year off guys! This was an excellent well-balanced article. Nice to see all the anti-semites and anti-arabs in the comments have taken the day off today. Take the rest of the year off guys!

]]> By: Scott Duffy http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675847 Scott Duffy Sun, 29 Mar 2009 19:14:22 +0000 http://www.techcrunch.com/?p=52429#comment-2675847 Who's to say Yaron's got the facts more than Sarah does? You don't know. Yaron has a vested interest in the numbers being higher - he's basically a "promoter" of Israel tech companies. In fact, nobody knows. Because most investments are done silently, without a press release. And even some acquisitons are done that way. But anyone who's a little familar with the tech industry in Israel has to be able to "see" or "feel" that things aren't as good as they once were. Things have quieted quite a bit. Who’s to say Yaron’s got the facts more than Sarah does? You don’t know. Yaron has a vested interest in the numbers being higher – he’s basically a “promoter” of Israel tech companies.

In fact, nobody knows. Because most investments are done silently, without a press release. And even some acquisitons are done that way.

But anyone who’s a little familar with the tech industry in Israel has to be able to “see” or “feel” that things aren’t as good as they once were. Things have quieted quite a bit.

]]> By: Scott Duffy http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675846 Scott Duffy Sun, 29 Mar 2009 19:09:44 +0000 http://www.techcrunch.com/?p=52429#comment-2675846 The truth is nobody knows. Nobody knows exactly how much was invested because many of those happen silently. And nobody knows exactly how much was "cashed out". But it's reasonable to say that someone who received a $1 million investment last year is not ready to be acquired yet. And some of the 860M was from money invested prior to 2001. The truth is nobody knows. Nobody knows exactly how much was invested because many of those happen silently. And nobody knows exactly how much was “cashed out”.

But it’s reasonable to say that someone who received a $1 million investment last year is not ready to be acquired yet. And some of the 860M was from money invested prior to 2001.

]]> By: Alain http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675785 Alain Sun, 29 Mar 2009 17:01:18 +0000 http://www.techcrunch.com/?p=52429#comment-2675785 Our judgment of what constitutes an appropriate limit on anything -- for example, on wealth or esteem -- is never arrived at independently. Instead, we make such determinations by comparing our condition with that of a reference group, a set of people who we believe resemble us. We cannot, it seems, appreciate what we have for its own merit, or even against what our medieval forebears had. We cannot be impressed by how prosperous we are in historical terms. We see ourselves as fortunate only when we have as much as, or more than, those we have grown up with, work alongside, have as friends or identify with in public realm. Our judgment of what constitutes an appropriate limit on anything — for example, on wealth or esteem — is never arrived at independently. Instead, we make such determinations by comparing our condition with that of a reference group, a set of people who we believe resemble us. We cannot, it seems, appreciate what we have for its own merit, or even against what our medieval forebears had. We cannot be impressed by how prosperous we are in historical terms. We see ourselves as fortunate only when we have as much as, or more than, those we have grown up with, work alongside, have as friends or identify with in public realm.

]]> By: Lisa http://www.techcrunch.com/2009/03/28/risk-aversion-and-the-perils-of-selling-too-early-israeli-startups-part-ii/comment-page-1/#comment-2675734 Lisa Sun, 29 Mar 2009 15:46:29 +0000 http://www.techcrunch.com/?p=52429#comment-2675734 This perception of global vs. Israeli trends is wrong. Israel is right on par with the Valley when it comes to SaaS (and probably past it when it comes to online data storage and security). SaaS companies such as Imperva, Trusteer and SAManage all have good management and little problem executing. More established software companies, such as Magic Software are starting to integrate SaaS into their products as well. This perception of global vs. Israeli trends is wrong. Israel is right on par with the Valley when it comes to SaaS (and probably past it when it comes to online data storage and security). SaaS companies such as Imperva, Trusteer and SAManage all have good management and little problem executing. More established software companies, such as Magic Software are starting to integrate SaaS into their products as well.

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