6

“What various companies told us is that if they had to shut down operations in India tomorrow, they could survive because it’s basically a lot of outsourcing and a lot of call centers. They said if we had to shut down our operations in Ireland, we could survive. But what one person after another told us is that the one place in the world that would devastating for them to have shut down would be Israel, because they put so much of their mission-critical work  and R&D in Israel.  The Intel story we tell is amazing, this key chip that was central to Intel taking off was designed and then manufactured in Israel, so it would be devastating to these companies to lose Israel. And one more thing — the most interesting data point on all of this is that European venture capitalists invest more in Israel than they do in any single European economy.”

Read more here.

Advertisements