Why the recession isn’t all bad news for Israel’s tech sector
Categories: Hi-Tech
The period between the beginning of 2021 to mid-2022 was in many ways out of proportion. To begin with, startups’ valuations were flirting with a bubble scenario. This is good for entrepreneurs in the short term but makes the industry less competitive and less sustainable.
Next is the human capital front. While it’s a good thing that more and more talent is finding its way to the high-tech industry, the recruiting frenzy of 2021 had its drawbacks.
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