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Tel Aviv tech is having the Best Week Ever

[additional-authors]
Picture of Simone Wilson

Simone Wilson

October 16, 2013

Could it be coincidence that the same week “>Amazon announce they're coming to Israel — and the same week Tel Aviv throws its most dazzling The IVC Research Center, the go-to source for data on Tel Aviv tech, That's a whopping 34 percent increase from last quarter, and a 35 percent increase from the same quarter last year.

I'm tempted to suspect this is Tel Aviv's most elaborate hasbara plot yet — perhaps to distract from this month's “>recently outed TERRORIST SPY EAGLE — but the numbers kind of speak for themselves. Hasbara never came so easy. In fact, so blinded is Tel Aviv, Israel's capital and the site of much of the activity, was named the No. 2 startup ecosystem in the world, next to Silicon Valley, according to researcher Startup Genome. There are said to be 5,000 startups in the country, which has a population around 7 million.

Not sure about 5,000, but no doubt — Tel Aviv has startups coming out its ears. For a full visual of startup mania around here, I suggest you refer to this Naturally, local Zionists (or at least Tel Avivists, which is really becoming a whole new race/religion) are slo-mo basking in the victory. Yossi Vardi, widely recognized as the forefather of Startup Nation, told the “>Digital-Life-Design (DLD) Tel Aviv conference attracted a record 1,100 foreigners, and has set Rothschild Boulevard a-swarm with excited techies, coming together to share ideas and plan the future at hip bars and rooftop events.

“The city is on steroids,” Vardi told the paper.

And here I thought Please excuse the stereotype. See, it might be Tel Aviv tech's Best Week Ever, but there's still one problem:

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