“When there’s nothing you can do – just do everything”

There is a famous quote that says that when there is nothing you can do, just do everything, “said Yael Wiesel, CEO of Zeekit and CEO of Walmart Global Tech-Israel, at the Jerusalem Post conference. “I think in Israel we prove it over and over again and can create magic, often almost out of nowhere.” By Walmart – “Calls us a commando unit”.

“We are excited to bring the giant from Arkansas to the Holy Land,” Wiesel said. “Israel is a start-up nation, with the ideas, the energy, the teamwork and also the constant spirit of victory. Failure is not an option, and you keep pushing forward all the time,” she added. “I think a kind of miracle is happening here.”

Yael Wiesel (Photo: Mark Israel Salem, Avshalom Sasson)

The corona plague has certainly proved this. While in most countries, including many parts of Israel, companies have closed and a severe economic crisis has arisen, Israeli start-ups have skyrocketed, and during the Great Depression some 100 companies became “unicorns” defined by israel21C as private companies valued at more than $ 1 billion. It is possible that the secret of success lies in the character traits of the Israelis, who always knew how to deal well with crises.

“What we’ve seen over the years is that Israeli companies in general are pretty good at identifying a specific problem and creating a specific solution – as opposed to global companies trying to solve something more generic like platform or market building,” said Bright Data CEO Or Lenchner, whose company is considered a collection company. The Internet is the number one Internet site in the world. Lenchner, who also sat on the panel, said that in Israel the entrepreneurial scene is developing and companies are growing faster than ever. It really does a lot of good in Israel’s connection to the world as well, “he said.

Bright Data recently signed a consultative agreement with the UK government regarding its new national data strategy to improve data usage. “When they were looking for the reliable and accurate system to build something relevant to the UK, they did not really find what they were looking for within the country. That’s how they came to us along with a few other local companies,” Lenchner said. “We have found ourselves officially advising government representatives. This is thanks to the unique system of expertise we have developed. We see this happening a lot, especially with Israeli companies that help connect Israel to the world.”

Bright Data CEO, Or Lenchner (Photo: Mark Israel Salem, Avshalom Sasson)Bright Data CEO, Or Lenchner (Photo: Mark Israel Salem, Avshalom Sasson)

Facebook Israel CEO Adi Sofer Thani comes to the panel from another interesting point of view, as the head of a local branch of a global company. “And in Israel, where we had four elections in two years, we have become experts in handling elections and the integrity of elections,” she said. In a world that specializes in working with start-ups at a very early stage, to the point where they become large global companies. “

Facebook Israel has helped hundreds of start-ups and entrepreneurs grow from scratch and enter the global market, focusing on Internet companies. “I’m glad we now have a lot of amazing digital companies that have managed to go public or become unicorns. Companies that employ thousands of people and build amazing products,” Super Thani added. “This is something that makes me very proud. Facebook as a platform and our team here in Israel came up with the idea of ​​helping these companies build the growth strategy they need, their business models and of course Facebook gives them all the help they can put into practice.”

“Israeli innovation helps the country create closer ties between Israel and other countries in the world,” explains Dr. Kfir Luzzatto, president of the Luzzatto Group, a fourth-generation group that deals with intellectual property and technology, among other things. “While the world sees the Iron Dome developers and military technology in Israel, most of the public does not even know that the first cell phone, for example, is in other places. Developed in the Holy Land, this innovation that has made life easier. We are not doing anything about it, and in my opinion it is a waste. ” .

Source: Maariv.co.il – כלכלה בארץ by www.maariv.co.il.

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