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To: savolainen who wrote (1880)8/20/1999 11:03:00 AM
From: semi_infinite   Read Replies (2) of 1998
 
*Henry Nada of Piper Jaffray*

I had to smile at this answer that he gave to the Globes. We know this well:

Q: Have you noticed any particular attribute characterising Israeli entrepreneurs?

"What characterises Israeli entrepreneurs is that they say what they think, in contrast to American entrepreneurs who wear rose-tinted spectacles. That is good, but it is also bad. It's good because you always know where you stand and what you are getting in a company. The problem is, and this is where the bad part comes in, that Israeli entrepreneurs do not attract momentum investors, who go in for purchasing a slice of dream growth potential.

"The fact is, investors like stories that read "We will be a $5 billion company", and most of them gobble up such stories. But you will find very few Israeli companies coming out with such statements".

Published by Israel's Business Arena August 18, 1999
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