“There will always be tech startups. Tech has to win.”

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Carney’s son

(Sinai David)

“We are very agnostic. Everyone says that, but we invest in the people we deal with and we see that they have a track record of excellence and we trust that they will understand. This week at the Tel Aviv beach event.

Carney co-founded Maverick with partner Michel Abadi. Maverick Ventures Israel is a private investment fund that focuses on early-stage startups with initial traction and revenues and manages a portfolio of about 40 different companies, including Sempers, which ranked first on the Calculus list. 50 most promising Israeli startups of 2023.

“Sempers is clearly one of the fastest growing companies in the world right now. “They had a rougher, more modest start, and I think that’s more surprising,” Carney said. “The founders Miki, Guy and Matan were tireless and I remember the days in their small office in Benny Brac, and the struggles until they moved to the States. The fact of the matter is they now have endless customers. As far as I know, they have zero hassle, very happy customers, and what they do is actually incredibly important.

Looking at the current state of the economy and how that affects investments, Carney told CityTech that he thinks this period follows an unusual and unnatural period of high growth. “Over the last few years, and this has a lot to do with Start-Up Nation Central Report It was sent recently because the companies were able to collect much earlier. That was a problem and that’s what caused another bubble in the market,” Carney said. “Many of the reviews did not go down well enough. They still have to come down.

“The fact that the markets are strong right now doesn’t mean it will last forever because it won’t and the technology has to dominate. It makes the world better, and in every field, and more efficient. So at the end of the day, tech companies and startups need it and I’m not too optimistic.”

You can watch the full interview in the video above.

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