EconTalk

Michael Eisenberg on the Start-Up Nation, Storytelling, and the Power of Technology

Feb 14, 2022
In this conversation, venture capitalist Michael Eisenberg, co-founder of Aleph Venture Capital and author of "The Tree of Life and Prosperity," shares insights into the dynamic Israeli startup culture. He emphasizes the importance of relationships and personal talent in investing. Eisenberg contrasts Israel's unique venture landscape with California's, discusses the role of technology in community well-being, and highlights the future of social data ownership. His perspectives blend ancient wisdom with modern innovation, offering a hopeful view on technology's impact on society.
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ADVICE

Invest in People and Networks

  • Prioritize investing in exceptional people and build strong networks.
  • Develop trust with founders, investors, and other key individuals in the industry.
INSIGHT

Photo Sharing: From Impossible to Trivial

  • Sharing photos online seemed impossible in 1995 due to technological limitations.
  • This highlights how quickly technology advances and seemingly impossible ideas become reality.
ANECDOTE

Early Investment in Photo Sharing

  • In 1995, Michael Eisenberg invested in a company that could share photos over the internet.
  • This was groundbreaking due to slow modems and the novelty of digital image sharing.
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