Israel is the Silicon Valley’s major competitors

… Tel Aviv ranks second in the world for the top startup ecosystem — just below startup mecca Silicon Valley… one of the most startling differences lies in how the two innovation centers behave as a whole and how literally the word “community” applies to the [Silicon] Wadi. Instead of a purely competitive collection of individuals and companies, the Israeli tech scene is comprised of a group of interconnected young upstarts investing, mentoring, and cooperating with one another… Perhaps Israel isn’t so far from its roots after all, and the kibbutz [ a collective community based on agriculture] mentality is alive and well in the Startup Nation.
Israeli cooperation and collaboration is making Silicon Wadi the Valley’s major competitor. By Eilon Tirosh, VentureBeat

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s