Calcalist’s Innovation Week: Profitability is the name of the game (Hebrew)

Renana Ashkenazi, General Partner at Grove Ventures, a top Israeli VC fund, participated in an investment panel alongside other investors. They discussed the current state of the Israeli startup market and the potential impact of a looming crisis in the American technology stock market. Ashkenazi expressed optimism about the demand for chips and technology products, suggesting that 2022 might be slower than the previous year, but not a complete rebound. She also mentioned the shortage of tech talent and the challenges of managing capital responsibly. The panelists acknowledged the need for clear analysis and focus on expenses and profitability in startups, and Ashkenazi hoped for a certain correction in company valuations

>> Click here to read the full article in Hebrew originally published in Calcalist: https://www.calcalist.co.il/conferences/article/hkh5lmkcy