OurCrowd’s founder and CEO, Jon Medved recently appeared on a panel hosted at Yeshiva University.
At an October 24 event presented by Yeshiva University’s Sy Syms School of Business titled Understanding Israeli Entrepreneurial Success, Jon addressed the cultural aspects that have made Israel such a compelling destination for investors over the past decade:
[bra_blockquote align=””]We say, ‘Support Israel because of shared values, support Israel because we’re a democracy, support Israel because it makes military sense, we have shared enemies. But now Israel is coming to the rescue just as the U.S. needs new jobs and new economic ideas, and companies are finding their innovation and next steps in Israel.[/bra_blockquote]
Jon also discussed the relative “safety” the Israeli stockmarket has provided investors recently. He shared the dais with Nadav Kidron, CEO at Israeli biotech firm, Oramed, as well as with J.J. Sussman, a YU grad who’s been an important player in Israeli high tech over the past decade. [bra_blockquote align=”right”]’Safe’ is not a word you normally associate with Israel, but if you look at the results, we’ve had over 160 percent total return over the last decade, and we’re one of the few countries in the world whose Standard & Poor’s credit rating has gone up recently.[/bra_blockquote]