#158 - The Land of Milk, Honey and Startups (Max Marine)

Two Nice Jewish Boys

Eytan and Naor

Society & Culture

1.7 • 804 Ratings

🗓️ 10 October 2019

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Israel has certainly earned the nickname “StartUp Nation”. We have the largest number of startups per capita in the entire world. The population of this small country recently passed 9 million, so that’s about a startup for every 1,500 people. The stories abound of huge exits, like Mobileye to Intel for 15 billion dollars, Mellanox sold to Nvidia for about 7 billion dollars earlier this year, and the list goes on and on and on. But what makes Israel the startup hub that it is? What does the VC - startup courtship look like here in Israel ? And with so many startups, what happens to all the ones that fail? Max Marine is a CFA at Lool Ventures, an Israeli VC that has invested in many successful Israeli startups including Zooz which sold to PayU for $80 million. I'm super thrilled to be joined by Max Marine on the podcast today to talk about our startup nation.

Transcript

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0:00.0	I'm Aiton Weinstein.
0:01.5	And I'm Naor Menninger.
0:03.0	And you're listening to Two Nice Jewish Boys.
0:10.9	This podcast is made in collaboration with the Jewish Journal.
0:15.3	Hey guys, before we get to the episode, today we have a great partnership with Israel Story.
0:20.1	If you haven't heard about Israel's
0:21.4	story, it's a podcast that brings you long-form storytelling from in and around Israel. It tells
0:27.7	extraordinary true stories about regular people living in Israel, the kind you won't see on the news
0:32.2	or read about online. The show presents quirky, unpredictable, interesting, and movie stories, moving stories about a place we think we know a lot about, but really don't.
0:43.3	So, for example, they just kicked off season four with an episode called The Wall, which has this amazing story about a Jewish-era baby born at the Western Wall in the middle of the Six-Day War.
0:56.3	It's incredible.
0:57.3	So, guys, check it out.
0:58.5	Israel's story.
0:59.9	Ira Glass himself called it the This American Life of Israel.
1:04.6	You can subscribe to Israel Story today on Apple Podcast, Spotify, Stitcher at IsraelStory.org or wherever you listen to your
1:12.8	episodes, to your podcasts.
1:16.4	Israel has certainly, sorry, Israel has certainly earned the nickname Startup Nation.
1:22.7	We have the largest number of startups per capita in the entire world.
1:26.8	The population of this small country
1:28.9	recently passed 9 million. So that's about a startup for every 1,500 people. The stories abound
1:37.1	of huge exits like MobileI to Intel for $15 billion. Melanox sold to Navidia for about
1:43.5	$7 billion earlier this year.
	...

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