article thumbnail

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

In economics we call these “exogenous events&# and if they happen (Greek debt crisis, problems raising the US debt ceiling, trouble in Saudi Arabia) – you will not be shielded. It’s what I love about entrepreneurship and about venture capital. We’re not cheap, but we’re disciplined.

article thumbnail

Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

Founded in 2007 by Ron Makavy, Micha Berdichevsky, and Barak Naveh, Snaptu raised a total of $9 million in three rounds: $3 million from Carmel Ventures, $5 million a year ago (March 2010) from Sequoia and $1 million from private investors, including Spotlab, an angel fund operated by former Israeli MP Neomi Blumental.

article thumbnail

Out of the Crisis #16: Robert Schooley on why we weren't prepared, long-term thinking, and how to make decisions for the greater good.

Startup Lessons Learned

The same thing happened with MERS, the Middle East Respiratory Syndrome 10 years later that occurred initially in Saudi Arabia and spread to a little offshoot into Korea. And so that three component activity is how we're modeling how we want to operate the campus in the fall.