Israeli VC Industry An Unwitting Victim Of Mideast Violence
Private Equity Week quoted Lucy Marcus in their article
Up till now the industry wasn’t terribly effected by the political situation,” said Lucy Marcus of Marcus Venture Consulting, a London-based consulting firm with a number of Israeli clients. “It just meant the VCs in Israel would have to travel to the U.S. or Europe because nobody would go there. But with the recent escalation in terror and fighting, outside investors have become much more nervous. There is now little doubt that the political climate is affecting the economic climate.” As the conflict grows, she says, so will investor unease. The result, say many observers, could be a massive withdrawal of funds from the Israeli venture market.