Venture capital is a small, focused and local industry in Israel. There are two versions of venture capital: the superfundin or cottage industry. It's like bench mark nd first ranor capital, i think, es at olif et cetera. On the one hand, there's more proprietary access to deals,. Even if you're on bidden on the same deal as someone from california? You can go across culture day one. But it also puts an ownest on aventura capitalist to help cross that cultural chasm for the occuan orcase they got to go to another market to sell. This market doesn't produce much anything. Not an half
Michael Eisenberg, venture capitalist and the author of The Tree of Life and Prosperity talks with EconTalk host Russ Roberts about the secret of the Start-Up Nation, the role of principles in investing, and why he's optimistic about technology's contribution to humanity.