“There has always been an element of risk around the Israeli tech industry”

“There has always been an element of risk around the Israeli tech industry.” Managing Partner of TAU Ventures Nimrod Cohen joined CTech to discuss VC trends in 2024 amid a variety of uncertainties.

Monday.com eyeing acquisitions, 600 new employees, despite underwhelming 2024 outlook. The enterprise software company beat forecasts for 2023 with $729.7 million in revenue and 41% growth, but its outlook for 2024 disappointed investors.

Profits are at record highs, so why are tech companies laying off so many workers? The technology giant Cisco is set to announce a restructuring move that will include layoffs of thousands of employees. And it is not the only one. Since the beginning of the year, 141 technology companies have laid off 34,300 employees, despite most of them displaying excellent financial results. So why are workers still being fired, even when all the data indicates that it's time to go back to hiring?

Australian investment giant Macquarie acquires $32 million-worth of BioCatch shares. The Israeli unicorn completed its third secondary deal in less than a year, with Sapphire Ventures and Permira Growth Opportunities purchasing $70 million and $40 million in shares, respectively, last year.

From battlefield to bargain bin: IDF soldiers flood online market with unused combat equipment. The severe shortage of combat equipment since October 7 led to a flood of private donations, and many surpluses, which are now being sold online, on second-hand sales platforms.