Tuesday, November 27, 2007

Go Israel: Out of 8 stories on Techcrunch's homepage, 5 are on Israel: AllofMe, SeeToo, Google Israel, eToro and SuTree


The front page at TechCrunch looks as if it was taken out of VC Cafe today. Out of 8 posts displayed on the home page, 4 are related to Israel. If you scroll back one page, you'll see another one - not bad for a tiny country in the middle east.


Here's a quick recap:

  1. Yossi Vardi invests in Tel Aviv Based startup AllofMe - the Israeli company is developing a timeline generator for digital assets. It puts your emails photos, documents and videos on a time scale, thus allowing you to keep track of your media while giving it a new perspective. Next time some one asks you "what did you do on your birthday?" AllofMe should help you answer the question. Addy Feuerstein is the Founder - the company was founded in May of 2007 and has 8 employees. (via TechCruch, Haaretz, Orli)

  2. Yet another investment by Yossi Vardi - this time it's an Israel/New York City based startup called SeeToo, a web-based application that allows individuals to invite friends and family to watch home videos with them in real time in a chat room. It's a bit similar to Meebo Rooms and soon-to-be-covered by VC Cafe, Ekko TV. TechCrunch is giving away 500 invites - try to get yours here. Yoav Ilan, head of marketing and biz dev gave the demo to TechCrunch. Yoav- Can I also get a demo and some invites? (via TechCrunch)

  3. Google Israel acting Evil - According to Globes Online, Google initially stated that “disclosing the blogger’s identity violated rulings on the balance between freedom of expression and a person’s right to his reputation” - BUT Google finally caved in and provided the IP address of an "anonymous" blogger to an Israeli court voluntarily as part of a defamation case against a politician. Not that I support protecting a criminal, but it's important to note: G wasn't forced to give the data - they volunteered it. (via Globes, Techchrunch)

  4. Roi Carthy posted an interesting review of eToro - a visual Forex (Foreign Exchange) Trading platform that simplifies trading by allowing users to trade money in a game-like setting. The parent company is Israel-based Tradonomi Ltd - It is incorporated in Limasol - most likely for taxing purposes, with offices in Tel Aviv. Trandonomi is led by Ceo and co-founder Jonathan (Yoni) Assia. was founded in 2006 and has 30 employees. Most recently, eToro released an affiliate platform called eToro Partners. (via PR Web, Techcrunch and Linked in).

  5. Bonus: scroll one page back and see an article on Israel's SuTree, an online index and library for free video lessons, tutorials, lectures and how-to's from all over the web. SuTree got a serious facelift and a content collaboration agreement with Israel based 5min.
On a related note, If you haven't done so already, please visit the new 'under construction' home of The Venture Capital Cafe at http://www.vccafe.com and subscribe to my feed. VC Cafe covers early stage companies, innovative technologies, and venture capital news with a spotlight on Israel. There's a bunch of new features and ideas on the way in December, as the VC Cafe celebrates two years!

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Monday, July 16, 2007

How to raise money from VCs?

This funny video was posted on 5min (covered here before), Techcrunch and will probably be on every Israeli VC blog very soon.

It's a parody in Hebrew that provides entrepreneurs tips on raising VC money. I'm afraid that the subtitles don't do the humor much justice, but it's certainly worth your 5 minutes.

Some amusing tips:
  1. In the presentation, have a logo of a different fund. VCs love to invest in companies that others are invested in.
  2. Be Cool - VCs are serious, but you should be part of the vibe. You are the vibe - the vibe is you.
  3. Say you are not a Web2.0 company - go against the current trend and use buzz words fast: UGC, P2P, CPC, and anything you can come up with. Try not to be comprehended.
  4. Make Excel your best friend. Refer to revenue as the fulfillment of a vision, not profits.
  5. Have clear goals - for example, repeat the mantra "8 million, on 68 million before the money".
View the rest here:

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Monday, April 30, 2007

Bubble Burst - web 2.0 for sale



In the past two years we've seen over 1154 web 2.0 start-ups, based on the logo count of GoWeb20. Unfortunately, not all start-ups make it which created a new type of commodity: web 2.0 sites for sale.

As reported by Techcrunch earlier this month, Web 2.0 for sale is a marketplace for Web 2.0 sites, creating an alternative for the typical Google/ Ebay exit for entrepreneurs in dire need of cash.

The board was created by Edgio, and offers a publishing platform for programming code, domains, prototypes and of course, the complete website suites. $10 will get you an ad for 30 days.

On the site you can find listings for as little as a few bucks or as much as $1.25 Million, as in the case of PayByCellphone that is selling its complete operation.

Other message boards in this niche include Venture Board and eBay.

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