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Invest in Israel Newsletter – June 2012 Edition

VC Cafe

This month’s trend continues to be acquisitions of Israeli firms by large US corporates. Facebook’s acquisition of Face.com will enable the social network to embed face recognition software into its photo app. This is Facebook’s second acquisition in Israel, following the acquisition of Snaptu for $70m in March 2011.

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From Nothing To Something. How To Get There.

techcrunch.com

Inevitably, the excuses begin: I need to hire people to build the product. I don’t know any developers. I can’t tell you how frequently teams of three business school students tell me they’re going to start the next great consumer Internet company. I need money for the servers. Great info, I can’t wait to read more.