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Tel Aviv ranked Second Best StartUp City in the World

Israel technology is being feted after the events of last week. The Iron Dome was able to successfully protect Israeli citizens by shooting down many of the rockets that were raining down on them.

There is no doubt that Israel is one of the technological capitals of the world. A recent study just ranked it as the number two startup ecosystem by Startup Genome.

Just behind Silicon Valley, Tel Aviv out-trumped bigger hubs such as Los Angeles, Seattle, New York, London and Sydney.

This is no secret – Israel is known at the Start-Up Nation. Start ups such as Waze, Kaltura, Mobli, StartApp, Rounds, Onavo and Gigya have established that Israeli punches above its weight.

In its own right, Tel Aviv is a beautiful city. It sits on the Mediterranean Sea. If you want a cosmopolitan lifestyle that takes the best of all elements, Tel Aviv would be the city for you. Some of the hotels in Tel Aviv are some of the best in the world. It has some incredible restaurants that showcase every cuisine in the world.

For those who like the outdoors, there are parks and walks. There are lots of tracks for cyclists and those who love being on the water will love the surfing and sailing.

Like New York, London, Paris and other great cities of the world, there is a sense of energy in Tel Aviv that something is always happening. It has a great vibe to it.
There is something about the Israeli mentality that sees it really identify with the concept of the Start Up. It is about being creative and having the desire to do something better and in a more innovative fashion.

There is actually a connection between the army and the Start-Up culture. Many Israeli start-ups have risen from relationships forged in the army. Soldiers who have served together have then worked together in civilian life.

The values they had in the army translate very well in the business world. This could be a reason why Israeli start-ups have an advantage. Elsewhere in the world, when people join a company they may just see it a job. They don’t identify with the core values or objectives of it. They arrive at 9, leave at 5 and that’s it.

But the Israeli start-ups may not roll like that. Like in the army, people are constantly striving to improve and do better. There is an emphasis of clear, direct lines of communication and a real sense of teamwork. This urgency allows them to succeed.