Deep Learning is eating the world

One of the biggest phenomena of the past decade was “Software is eating the world”. Today, there is almost no industry which is not run on software and delivered as an online service. This has resulted in new online giants such as Uber, AirBnB, Amazon etc. But now that so many businesses are leveraging software,… Continue reading Deep Learning is eating the world

LinkedIn’s crash is a defining moment for VCs

Investment trends are defined by a few significant events that become engraved in investors’ minds. These can be huge positive outcomes such as Facebook’s acquisition of WhatsApp for $22B, Twitter’s post IPO surge to $40B market cap, or Emergence Capital 300-fold return on a $4M investment in Veeva System. Such positive events generate momentum for… Continue reading LinkedIn’s crash is a defining moment for VCs

The biggest mistake VC make

Investing in startups is not an easy job. As an investor, you are not only betting on a specific startup and team, but often on a market that doesn’t yet exist. Even the best team in the world is doomed to fail if it undertakes the wrong market. The opposite is not always true. One… Continue reading The biggest mistake VC make

Betting your career on a startup

I often get asked about the financial benefits of joining a startup. Especially by people who work at large companies such as Microsoft, Facebook or Apple and are debating whether they should take a pay cut. By far, the most important decision criteria should be your personal excitement in your current job vs. the startup you are considering joining. It… Continue reading Betting your career on a startup

The Best Entrepreneurial Network In The World

Most people believe that the strongest entrepreneurial network in world is either Stanford, Harvard, Y Combinator or something alike. These are indeed incredible networks which created some of the world’s largest tech companies. They receive a vast amount of media coverage, attract some of the world’s top talent who wants to be associated with these brands, and enjoy a huge amount of funding and… Continue reading The Best Entrepreneurial Network In The World

Managing your startup option pool

One of the things you need to do as a CEO of a startup is manage the Employee Stock Option Pool (ESOP). This is the pool of options you use to attract and retain talent. When pricing a financing round ESOP is typically included in the pre-money valuation and therefore it dilutes the existing shareholders… Continue reading Managing your startup option pool

A template for measuring SaaS

I have discussed in the past the past the benefits of SaaS and specifically recurring revenue model. The main benefit of the recurring revenue model is the predictability of revenue, customer acquisition payback, customer lifetime value (CLTV), and the ability to optimize Sales & Marketing spend accordingly. But in order to truly benefit from a recurring… Continue reading A template for measuring SaaS

Forget Iran, Hamas and ISIS – this is the real threat to startup nation

When people think about the main threats Israel faces they typically think about Iran’s nuclear ambitions, ISIS taking over the neighboring countries, militant group Hezbollah building a large missile arsenal aimed at Israeli cities, the rockets which started flying again from Gaza, or perhaps Hamas rebuilding the tunnels that cross the Gaza boarder. And indeed, when you watch the news the… Continue reading Forget Iran, Hamas and ISIS – this is the real threat to startup nation

A much needed correction in startup valuations

The recent turbulence in the public stock market has resurfaced the question of whether we are in a mini tech bubble in startup world. On the one hand, VC’s like Andreessen Horowitz claim that we are not in a tech bubble arguing that the market size and opportunities today are in a completely different scale than they were at the end… Continue reading A much needed correction in startup valuations

The race for second best startup ecosystem in the world

A year ago I transferred from BVP’s NY office to our Israeli one. Since then I often get asked to compare the New York and Israeli startup ecosystems. The ecosystems are so different that it is not easy to give a ‘good’ answer. Recently Compass released the 2015 Global Startup Ecosystem Report which ranked NY 2nd and Tel-Aviv… Continue reading The race for second best startup ecosystem in the world