Photo by Hannah Busing on Unsplash

Background

Before moving back from the Silicon Valley to Israel and joining Gemini V as General Partner early 2011, I met with quite a few VC friends in the Bay Area and asked them for advice on how to be a good investor. To my surprise, instead of providing guidance on technology trends or venture selection, they all mentioned deal terms as one of the things that almost always surprised them negatively about Israeli companies. …


or What’s Between Additive Manufacturing and IoT

Micro-Scale Additive Manufacturing

As a VC, I meet with many entrepreneurs, hear new concepts, see revolutionary inventions, and learn about developing trends every day. Eventually, I choose to focus on only a few of them, invest at the very early stages and dedicate time and effort to help them succeed. How can you tell if a startup will succeed already at the seed stage? I’m not sure you can, but there are two things I’ve learned are important to me when making an investment decision: Conviction and Relationship.

Conviction for me is complex. It’s the research…


By Eran Wagner, Managing Partner at i3 Equity Partners

A couple of weeks ago, I met the Executive Committee of GROUPAMA (a major French Insurer Group with $13.8 B in Revenue). A very substantial group of more than 50 people decided to fly to Israel to discover what we have to offer in innovation including of course Insurance-related technology and solutions. I had the opportunity to discuss the role of the Internet of Things (IoT) in the transformation of this important industry and share our experience in the Israeli tech ecosystem.

In the Insurance business, risks are measured and assessed…


GreenIQ — Making Gardens Smarter

In the last post, I wrote about how the Israeli ecosystem is getting better at marketing digital goods to consumers. Moovit, GetTaxi and 90MIN are examples of such companies, following the footsteps of local legends such as ICQ and WAZE. But who will continue the legacy of M-Systems and Mobileye who created real-life, physical products?

Unlike building Web or Mobile products, building physical products is more complex which makes starting a new venture more difficult. Making physical products ultimately requires manufacturing, logistics, assembly, shipping, installers and other elements that do not exist in the digital world. Investors shy away from…


We’re not arguing about exists anymore. Also we probably agree, that Israeli high-tech is a pretty good breeding ground for B2B businesses. We have the technical know-how, management talent, marketing and sales skills that (arguably) match the world’s best in areas such as Cyber Security, Storage, Semiconductors and more. These markets always need innovation, which we can supply. Israeli teams understand the value chain, know the players and can play the game even against Silicon Valley born competitors. However, when it comes to selling to consumers and building B2C companies — well, let’s say that we’re still working on it.


Picture by Nick Wilson (from http://lesmiscellanees.info/)

I had the good fortune to hear Yossi Vardi speak last week when he gave a great show as usual, and was able to impress the Friends of the Technoda with interesting anecdotes weaved into each other in a tangled way only a genius like him can manage. At one point Yossi mentioned the age old debate about early exists vs. building large companies in Israel.

Hearing Yossi speak about this heavily debated topic (yes, including the joke about Dr. Ruth’s opinion on the matter) made me realize that we have, for the most part, all agreed that it doesn’t…

Eran Wagner

Early stage VC, focused on Frontier Tech

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