The VC industry’s natural tendency, indeed that of the entire financial sector, is to measure success according to valuations, based on the reasoning that the higher the valuation, the more successful the company is. The former appear in this year's unicorns list, while the latter make up Calcalist’s ranking of the 50 Most Promising Startups. On one side, there are the companies and founders that side with rapid growth and huge funding rounds, while on the other there are those who insisted on adopting more gradual growth and found themselves refusing investors who were knocking down their doors.
The result is not just a tech bubble that detached itself from the rest of the market, but the development of two divergent schools of thought within the industry itself. Funding rounds of $100 million, $200 million, and even $300 million became par for the course and more than 20 new unicorns emerged, nearly doubling the previous count. But the local tech scene went on to see a 25% increase in capital raised with nearly $10 billion flowing into the sector by the end of 2020. April of 2020 was a period of crippling uncertainty, with the entire county under lockdown, businesses closing down and mass waves of layoffs and furloughs, with a seemingly inescapable economic crisis arriving in the wake of the Covid-19 pandemic. Win Spy Software accomplishes several tasks in monitoring your computer, captures screen shots, captures all keys typed on the keyboard, captures all chat.This article first appeared on Apand is being reshared as part of CTech's Top 10 stories of 2021.Ĭlick here for the 2022 edition of Israeli top 50 most promising startupsĮven the biggest optimists couldn’t predict the turnaround that the Israeli tech sector experienced over the past year.
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