Yochai Zeid Ronen, CEO at Big-Tech 50
(Calcalist)
“The Israeli tech scene is still very strong. Technology is always going to be around, now it’s just a matter of being able, for the companies themselves and for us as investors, to help these companies get through the period that we’re going through now, which is the volatile markets that we’re seeing,” explained Yochai Zeid Ronen, CEO at Big-Tech 50 when speaking to CTech.
The Big-Tech 50 is a publicly traded partnership that invests in an index of privately held late-stage technology startups. The remarks were made as Ronen spoke to CTech during Calcalist’s Mind The Tech conference in New York.
“The strong will survive,” he continued. “Those with less of a good track record will probably have a harder time raising money or sticking around if they’re not profitable or have enough money. And life will go on. There will be good opportunities for the strong and we will see a division between boys and men.”
You can watch the entire exchange in the video above.
