As in Detroit, the reality in Israel is not always in sync with the image
All week long, Detroit News business columnist Daniel Howes is accompanying more than 20 Michigan CEOs as they examine the thriving economy of Israel, looking for lessons that can be applied to Michigan.
Despite the political problems and worries, business is, in the words of one entrepreneur, “literally going off the charts” in Israel. The country is on track to exceed $5 billion in venture capital investments this year.
"Clearly investors are showing that they understand the risks and they have done, essentially, the discount," says Howes.
He joined us today from Tel Aviv.