The last weeks have been crazy!
I really think the Israeli tech market is starting to boil – and I’m quite sure I can see the bubbles.
Especially if measuring by:
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The sudden increase of new deals we’re seeing - many of which actually seem very promising
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Valuations – Which have risen dramatically, and really seem outrageous at times
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The time to investment decision - which has been forced down to a number of weeks in some cases, given the competition within the VC community, and amount of money looking for deals
No doubt – it’s a great time to be an entrepreneur! The top entrepreneurs are definitely in the driver’s seat.
As a result of this - I’ve been working (very) long days (and nights), and have not had a proper weekend for several weeks now… (I’m not really complaining though, since this is probably the most exciting and challenging time to be in a VC)
Nonetheless – It’s been impossible to catch up on all my work. And only now, finally, as I sit in the plane (TLV to Paris… LeWeb3) – I realize the best escape – and most efficient workplace from all this mess is… On a plane:
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There’s no people / TV / kitchen distractions
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No new incoming emails / calls
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No connection to the web (which means I can’t google / read blogs / check my stats / or any other such time consuming activity)
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And its impossible to move out of the seat (given the big, fat, ugly guy in the seat next to me)
So not only have I finished 2 investment presentations… and cleared out my Inbox… I’ve also finally found time to blog about it!
(I just pray to the god of laptop batteries to give me more power)
Tags: VC, Israel, Technology, Bubble, Valuations, Efficient work
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