The Jerusalem Post · 7 October 2023 · by Zachy Hennessey
The Jerusalem Post examined the sharp downturn in Israel’s technology sector during 2023 — falling foreign investment, fewer deals and fewer new unicorns — and asked whether a national artificial intelligence strategy could help reverse it. Krish Ramadurai, then a Partner at Harmonix, spoke to the paper about how investor expectations had shifted globally over the preceding year.
“It used to be that you could get cash with just an idea. But now investors want to see if companies actually have a business model and can make money.”
Krish Ramadurai, quoted in The Jerusalem Post