Tobby Coppel, VP Corp Dev Yahoo on Israeli Web entrepreneurs

Read on this must read post on Yodel Anecdotal. Nothing to add: i agree

I just spoke in Israel to 200 local entrepreneurs who are working on the next generation of web and mobile services. The passion and energy of Israeli entrepreneurs always blows me away — it’s hard to believe that such a small country can produce so much talent and innovation.

He adds on the “bubble”. Could not agree more  

Some people speculate about whether we’re entering another bubble. In the dot.com heyday, an abundance of startup money was also available. But many companies didn’t focus on creating sustainable stand-alone operations; they developed product features rather than businesses. There was a red-hot IPO market for Internet start-ups. And the primary source of income was an advertising market fueled by venture capital funding. Things are different this time:

1. There is a robust Internet advertising market (estimated at over $30 billion globally in 2006) with the global Fortune 1000 making the Internet an integral part of their marketing plans.
2. The cost to start companies is lower than ever (see above).
3. The IPO market for Internet start-ups is much more modest.
4. Incumbent players such as Yahoo!, Google, Amazon and eBay are big and strong.

Comments

[Nicki Dugan]

thanks for reading Yodel Anecdotal!