And, why Yossi Verdi is the Ron Conway of Israel When you want to be in movies, you go to Hollywood. If you're an Israeli entrepeneur that wants to build an Internet company, you don't head to Tel Aviv, you head to Silicon Valley. "The moment you have a prototype, pack your bags, come here, sleep in a car, and bring the CEO/founder here," said Nuconomy CEO and founder Shahar Nechmad, who talks to VC Cafe on Vator about the startup environment in Israel. Not only is capital sparse in Tel Aviv, there is little experience. "American VCs have much more experience building very large companies," said Shahar. "Israeli VCs still think about the Internet as they think of enterprise applications," meaning they don't have patience to wait for revenue a ... [ Read more ]