Welcome to Gilis Good Newsletter #54!
This newsletter puts together a little bit about what’s been happening in Israel over the last week. We try to keep it positive. That’s why it’s the Good Newsletter.
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Meet Mr. Leonid Shyfrin. He and Mrs. Shyfrin recently escaped the war in Ukraine, and arrived safely in Israel. On Tuesday, we were delighted to be able to deliver a gift basket from his daughter in the US. He’s been through a lot but you should have seen the smile. Happy Birthday Leonid and Welcome home. ❤
The government got shaken up on Wednesday morning when Idit Silman jumped ship from the coalition and joined the Likud. I’m not sure how that all works, but the government was on very shaky ground. This move might lead to the crumbling of the current government. #getyourpopcorn
One of the biggest Venture Capital firms globally, General Atlantic, with over 34 Billion dollars in assets, has set up offices in Tel Aviv. They might be looking to take on a more significant role in the Israeli tech ecosystem. #welcome
In other fintech news, Intel, a long-time investor in Israeli tech, added to its total investment when it bought Granulate, a cloud solution company, for $650m.
Israel moved up in the world happiness index from 12th place to 9th. Not too shabby for a country threatened with annihilation. Israel has been on a roll of sorts, with the Abraham Accords, the successful handling of Covid19, and the rise of the Unicorn nation with so many companies achieving Billion-dollar valuations all happening in the last few years. Still, the optimism and family-centric nature of society fuel happiness. Read the full story below.
Finally, a second Israeli will be heading to space when Eytan Stibbe takes off for the International Space Station from Cape Canaveral. He’s slated to take off tomorrow for a 10 day mission about SpaceX’s Dragon 2. The mission has been delayed several times for a variety of reasons but hopefully tomorrow goes smoothly and without further delay.
As always, I hope to make you smile with some articles and nuggets from the past week.
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Shabbat Shalom and Good Shabbos.