On the day Wicks’ stock collapsed, the company held a showy and expensive celebration for employees, and CEO and founder Avishai Avrahami sent a scathing message to the economic press. Some austerity“And a little lowering of the head did no harm to anyone.”
And what do they say after another difficult week in Israeli and global high-tech, with a collapse in the value of companies, difficulties in raising capital, a reduction in recruitment, and one company closing down most of its activities? “No bubble, high-tech is here to stay. We’re just fixing a period where too much money flowed in at prices that flowed too large for masses of people. The market is just bringing back some sanity.”
And also: IAI’s recruitment campaign directly targets high-tech companies and their sought-after developers. Technology journalist Dennis Witczewski explains why he is particularly offensive to his target audience, and why the problematic uses that different countries make with IAI products do not necessarily bother the hitchhikers it is trying to recruit.
This week in cookies: Browse the YouTube channel that will help you understand what’s going on in “Near Sol”, and Omar tells why Shalom Hanoch got upset with him at Eyal Shani’s restaurant.
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