TLDR:
– The ongoing war in Israel raises concerns about the long-term tech talent in the country.
– The startup ecosystem remains strong, but the future depends on talent retention.
As Israel’s war continues, questions emerge about the future of the country’s tech talent. Yonatan Sela, Partner at Square Peg, emphasizes that while the startup ecosystem in Israel has remained strong during the conflict, the long-term outlook depends on retaining top talent. If Israel can continue to be a hub for talented developers and entrepreneurs, the startup ecosystem will thrive. However, if top talent leaves, it could have a significant impact on the sector and the country’s economy as a whole.
In terms of investment, Square Peg has made significant investments in Israeli companies, including Exodigo and SPIRITT. The focus in the upcoming year will remain on SaaS, AI, Fintech, climate, and health sectors. Despite the challenges of the war and ongoing global processes, the startup ecosystem in Israel remains attractive for investors. However, maintaining stability and retaining talent will be crucial for long-term success.
