2020 was a tipping point for the Israeli tech ecosystem and a year in which the glass ceiling was shattered for Israeli companies –
16 new unicorns were born, 19 companies went public and $3.3B raised in mega rounds (> $100M), bringing to a total of 10 private companies valued over $2B.
We believe this is only the tip of the iceberg and 2021 will bring a tsunami of IPOs and greater number of growth-rounds. Israel is shifting from Startup nation to Decacorn nation with 35 unicorns to date.
But, with fast growth comes also great challenges of the post COVID-19 “New normal” – How will the future of work look like, a fully remote or an hybrid model, how to maintain corporate culture in the WFH era and how to keep productivity in a remote and fast growth environment.
We discussed all of these in our 4th Israel Growth Summit that was held this week together with the Israel Growth Forum.
We hosted the CEO of Zoom, Mr. Eric S. Yuan – to discuss fast growth, scaling operations and keeping productivity and culture.
Followed by a fireside chat between Nir Zohar, President and COO of Wix and Gil Shwed, CEO & founder of Check Point, who shared their views about how will the future models of work will look like.
SUMMARY CLIP FROM 2021 SUMMIT
OPENING PRESENTATION – THE TIPPING POINT FOR ISRAELI TECH ECOSYSTEM
By Natalie Refuah (Viola Growth partner) and Kerem Nevo (Wix, Israel Growth Forum)