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News UpdatesWed., March 31, 2004 Nisan 9, 5764Israel Time:  01:23  (GMT+2)
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VC gathering is back, in English!
By Oded Hermoni

English was the lingua franca of the Israel Venture Association's high-tech conference which opened yesterday at the David Intercontinental Hotel in Tel Aviv. Last year, when the security situation kept foreign visitors away, the conference was conducted entirely in Hebrew. But yesterday, reflecting the turnaround in the venture capital sector, English was back on top, with some 150 visitors out of the 650 participants arriving from overseas.

The mood was back to 2000, and the talk was upbeat, with speakers referring to recent and planned investment exits.

Five VC funds are aiming to raise $1-1.5 billion, undoubtedly much of it from abroad. The European Tech Tour Association's Tech Tour gathering in Israel this week helped swell the numbers, bringing out 60 leaders from the world of high-tech and the European and American VC industry.
Top Articles
Report: Israel's public and business ethics are on a downhill path
"The level of public and business ethics in Israel, as emerging from international and local indices and surveys, is on the decline."
By Moti Bassok
Hirchson: Time has come to open a casino
"The time has come to institutionalize something that is operating illegally, to make a courageous decision and open a casino," MK Abraham Hirchson told Haaretz yesterday.
By Irit Rosenblum
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