Proposals to neuter the country’s judiciary have spooked entrepreneurs who had seemed immune to the political weather
bout 20 years ago, the skyline of Tel Aviv began to change. The city’s collection of elegant white Bauhaus buildings has been joined by tower after tower, each one a salute toIt is no accident that the rise of the “” has dovetailed with the career of its longest serving prime minister, Benjamin Netanyahu. Bibi, as he is widely known, is a firm believer in the free market and has championed Israel’s vaunted hi-tech sector as his own personal achievement. At 15.
A handful of industry leaders have been vocal about moving funding outside the country, while many more appear to have done so quietly. Eynat Guez, the CEO and co-founder of Papaya Global, a payroll software “unicorn” worth more than $1bn, was the first to publicly do so in January. “If this is the end of the tech industry in Israel – not because of the economy, because of politics – it will take a decade for anyone to forgive and forget that. It will destroy the economic future of the next generation.”Photograph: Ohad Zwigenberg/APin Israeli history.
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