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All right tech company or a company investing in -- which country should you absolutely have to be in.
Our next guest says it is Israel.
Join in the company's -- hot again he is the CFO of IP navigation group that's a venture capital group Peter welcome of the program thank you.
What's so special about is that this is Israel really the new Silicon Valley -- Well it it's sort of then it's fish from the second largest tech cluster in the world.
Our people called short on water and -- is like Valium and -- -- And what happened is in the ninety's.
As part of the peace dividend really.
About some -- 2000 engineers emigrated from a former Soviet Union came to Israel since there was -- do.
The government put money into developing.
Programs to Foster investment and -- -- is a really harsh girl culture.
Lot of fantastic technology companies have come out of Israel.
Now -- which is to a broad based tech.
Got to go -- if you wanna read -- gotta be in Israel what kind attack especially I understand that a big in biological bio medical is that correct.
Sort Teva -- the total digital as an example our great company vocal track was a great company that's now on the NYSE.
There were one of the innovators -- they actually invented for server and not peripheral which is you know -- everywhere now and I'll give -- a couple examples of companies that we work worth.
There's -- company about where is one of the -- original inventors.
-- TV and Internet and through set top box which of course is something that has really taken off -- you put your money into that.
Won't work we're talking reform until the -- you're discussing a deal access while we're on the what's central what's interest and about this company is that.
They develop something for years -- as they try to you on get Chinese companies to work with me and David -- starts to invest in them and tried to help them.
-- that they're not really gonna have money to develop the technology themselves.
So isn't that they're anxious for money they -- American venture capital money.
Right absolutely absolutely -- they want to cash out fast what about all they in it for the long haul.
You know this is I don't know if that's the geopolitical or -- -- what it is but I think a lot of companies.
Are in Israel tend to have a strong preference for cash back.
And this is.
Are -- gonna say that's because of the geopolitical.
-- you mean the threat from Iran that Israel may be attacks so they want the cash out fast is that.
I just think that there is history and other bad and the number of wars and 68 I think it's just a culture were having security.
Is as part of it.
Premium -- so to sum it up Euro venture capital guy.
You've got money to invest.
You look to Israel as a primary source of -- to invest Fuel Tech moment.
In Israel absorbed that that's his -- place at the moment right.
Yes it's -- -- -- -- it's necessary to be there I mean of course were and were -- technology is there we struck the B we have offices.
Our cure of course no you don't want to give a commercial -- -- mobile company again.
I can Meredith IP navigation forget it no more commercials the -- the data -- and just engage very recently I do -- yes -- -- fight that idea I'm satisfied pentagon joint bid -- I said it.
Hit holly and everyone excellent thank you much for joining us -- -- --
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