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The phrase “Firgun” (Hebrew: ??????/ pronounced ‘feer-goon’) is an off-the-cuff trendy Hebrew time period and idea in Israeli tradition (initially Yiddish), which describes real, unselfish delight or delight within the accomplishment of the opposite individual. It’s the other of “schadenfreude”. Firgun is all about genuinely feeling and expressing happiness, delight, or admiration for another person’s accomplishments, luck, or well-being. Extra about Firgun and why it issues on VC Cafe: https://lnkd.in/dg2a86p
Greetings from the USA. This #FIRGUN version will likely be shorter than regular as a result of journey.
It’s laborious to imagine that even after 10 months since October seventh, there are nonetheless 115 Israeli h*levels held in G**a. We should #BRINGTHEMHOME NOW. In Israel, the week’s information was largely targeted on the expectation from an impending assault by Iran and its proxies.
It was a really turbulent week for monetary markets with tech shares dropping over a TRILLION in market cap. Tokyo’s inventory market promptly worn out its year-to-date features, struggling its sharpest sell-off since “Black Monday” in October 1987.
Google misplaced a landmark antitrust case over its dominance in search which can change tech competitors going ahead, X started suing firms for not promoting on its platform, Bitcoin misplaced 20%, and OpenAI is engaged on a brand new foundational mannequin, codename ‘Strawberry’ and had a number of senior executives depart this week, together with co-founder and president, Greg Brockman.
QUOTE OF THE WEEK
“It’s not the dimensions of the canine within the struggle, it’s the dimensions of the struggle within the canine.” – Lolo Jones, Olympic hurdler and bobsledder
NEW FUNDING ROUNDS
- Congratulations Noam Ben-Zvi and workforce Placer.ai in your $75M sequence D and $1.5 billion valuation of your foot visitors analytics platform that crossed the $100M in ARR!
- Kudos Ayal Yogev and workforce Anjuna Safety in your $25M sequence B extension to increase Seaglass, your common confidential AI computing platform!
- Solution to go Yaron Silberman and workforce BAIBYS™ Fertility your $4.5M Sequence A spherical for an autonomous system for choosing excellent sperm for fertility therapies!
- Congrats Assaf Rappaport and workforce Wiz on securing an undisclosed multi million greenback spherical from SoftBank to proceed scaling your cloud safety platform!
EXITS
LINKS FOR YOUR BROWSER
MEDIA OF THE WEEK
What occurred to the markets this week? (supply)
State of the VC market within the US, Q2 2024
What comes after music streaming?
Certainly one of these girls was AI generated. Are you able to inform which one? Reply beneath
That’s all for this week. Thanks for studying.
There’s loads to have a good time in our “small” neighborhood. Carry on creating!
#tech #Israel #venturecapital #innovation #startups #founders
Reply – the girl with the blue background is actual. Right here’s the right way to inform them aside
I am a former basic accomplice at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google’s first bodily hub for startups.
I am additionally the founding father of Techbikers, a non-profit bringing collectively the startup ecosystem on biking challenges in assist of Room to Learn. Since inception in 2012 we have constructed 11 faculties and 50 libraries within the growing world.
