Economic Impact of October 7 Across Israeli Society
More than four months of war has thrown individuals and families into financial crisis, crushed small businesses, and undermined many sectors, including Israel’s robust tech industry. Beyond the war’s direct costs, it has resulted in widespread lost income, especially for those called up to serve in the IDF; hits to tourism, retail, and small businesses; and sudden cessation of venture capital available for start-ups. Hear details about the ripple effects on Israel’s economy as well as much needed interventions and intermediary responses.
We are hosting monthly conversations so you can hear directly about the evolving situation on the ground, from the ground. Register for the next one here.
Each update includes briefings followed by grassroots leaders in conversation with Charlene Seidle, Executive Vice President of Leichtag Foundation and Impact Cubed.
This week, we heard from Fiona Darmon, venture capitalist. Fiona currently serves as founder and managing partner of Sunvest Capital Partners, which aims to identify investments, primarily resulting from liquidity-driven private equity opportunities, at both the technology company and portfolio level.