Slowdown in global tech, Netanyahu’s policies, labor shortages… After years of prosperity and insolent success, the Israeli tech ecosystem is going through a zone of turbulence.
At the beginning of June, on boulevard Rothschild, one of the main arteries of Tel Aviv, the concrete bears few scars from the page of the thousands of protesters who have been pounding the pavement in the city every week since January. Last Saturday again, they were 100,000 to ask for the withdrawal of the project of reform of the judicial system of Conservative Prime Minister Benyamin Netanyahu. Among them, many entrepreneurs, tech employees and start-ups in the country, all of whom have fought against the current government.
Many fear that this reform, criticized for attacking the constitutional principle of separation of powers, will scare away entrepreneurs and foreign capital from Israel. “Not to mention the text, this is the first time that the voice of tech has spoken so clearly, and in unison”confides Inbal Arieli, owner of the Chutzpah Center, from her premises adjoining the boulevard.
At almost 50 years old, this ex-lieutenant of the Israeli defense forces…