Political Issues Ctd

Israeli politics are back in the news again - specifically in a way that is important to the United States. Since Barack Obama assumed the presidency in January last year, the Israel-US relationship has cooled considerably. After many false starts and canceled visits, Israel's Prime Minister, Benjamin Netanyahu, finally traveled back this week to Washington, D.C. for only his second meeting with his US counterpart, President Barack Obama. See below for a YouTube video of their Oval Office meeting from Britain's ITN News.

Hopefully the Obama and Netanyahu meeting will help begin to diffuse the rising level of animosity that has prevailed for much of the past year. Ultimately though, I'm certain it will take significantly longer for the average Israeli to begin to trust that President Obama has their (and Israel's) interests at heart. As the New York Time's reported yesterday:

Photographers clicked away in the Oval Office as Mr. Obama praised the prime minister as someone "willing to take risks for peace" and blamed the press for reports of discord. Mr. Netanyahu loosely quoted Mark Twain, saying, "Reports about the demise of the special relationship aren’t just premature; they’re just flat wrong."

As an American in Israel, the feeling among the Israelis I've met has been an adamant and clearly voiced dislike for our president. By all accounts, President Obama is persona non grata among most Israelis. Looking at the situation from my American perspective I definitely understand (though don't agree) with their assessment. As I've quickly come to find out, Israelis view our politics (and political leaders) only through the limited lens of how much we support (or don't support) their position regarding the Palestinian situation.

The perception (rightly or wrongly) is that President Obama is taking a more Pro-Palestinian stance than his predecessor George W. Bush. For Israelis that is unacceptable. It will be interesting to see how this issue (i.e. changing US-Israel relations) plays out over the coming months - especially as other more pressing regional issues (unrelated to Gaza, settlements in the West Bank, or the peace process generally) come to a head (e.g. Hezbollah and Lebanon, Iran's nuclear ambitions, American withdrawal from Iraq, etc.).

Second Recap

Another three weeks have passed since our arrival in Israel. The time continues to go by extremely quickly and a lot has transpired in this very short period. As such, I think it's time for another brief summary - for readers both new and old.

Week 4: I wrote about our first class presentations to Israeli venture capitalists at the Technion here. Additionally, the fourth week found the Smith team traveling to Jerusalem during the middle of the week for the Hi-Tech Investment Conference, which I blogged about here and here. Additionally, Israel's Prime Minister made a surprise visit to the conference, which I posted about here. The weekend found the team traveling back to Jerusalem once again - this time for tours of the city's cultural and historical sites.

Week 5: For week five, the Smith team traveled for company visits in Jerusalem (here) and Be'er Sheva (here). Later in the week we went to a speech by Better Place's Shai Agassi at the Technion. This same week I also wrote about our esteemed photographer Kristen Thompson and also posted the latest trip video by Stephen Kushner. Finally, I blogged about the various meetings we've had with entrepreneurs since arriving in Israel. On the weekend, the team traveled to the Galilee and Golan (here, here, and here) - touring Tsfat and rafting the Jordan River. We had a BBQ near Gamla and a water hike at Nahal Yehudia.

Week 6: In the sixth week, the team continued our travels in the Galilee and Golan. We visited Nazareth and the Druze villages, before returning to Haifa. Back in class at the Technion we presented on our "Go to Market" plan. On the weekend, we had free time to travel or relax. Some of us traveled to Bethlehem and the West Bank, while others decided to relax. For me, I used the free weekend to travel and see my wife in Europe. Read about all of our free weekend travels - both inside and outside of Israel - here.

A Video Record Ctd

Since arriving in Israel, one of our team members, Stephen Kushner, has been hard at work producing a video series, introducing the program, interviewing team members, and capturing the sights and sounds of our trip to Israel. Part 2 of the video series (posted below) includes: commentary, day-in-a-life, pitching to venture capitalists, company visits and interviews, hi-tech conference highlights, cultural experiences, and camaraderie. Enjoy!

The Prime Minister

As promised, here is Israeli Prime Minister Benjamin Netanyahu addressing the 2010 High Tech Industry Association Conference last week in Jerusalem. The second part of Netanyahu's speech is posted in full at our team's YouTube site.

Hi-Tech Israel Ctd

Early last week, the Smith team visited Jerusalem to participate in the 2010 High Tech Industry Association Conference. I covered our visit to the conference here. 

Our video blogger, Stephen Kushner, captured some great highlights from the conference, including two panel discussions, as well as Prime Minister, Benjamin Netanyahu's keynote address (posted here). I've posted the two panel clips (with descriptions) after the jump.

Hi-Tech Israel

Well it's been a few days since my last post and the Smith team has been as busy as ever! After a relaxing weekend, we departed Haifa before sunrise on Tuesday for the drive down to Jerusalem to participate in the 2010 High Tech Industry Association Conference.

The conference, which ran for two days, was held at the Jerusalem International Convention Center and brought together industry professionals, technology experts, and venture capitalists. Starting at 9AM, the event kicked off with Israel's Mister of Finance, Dr. Yuval Steinitz, as well as other honored dignitaries remotely starting the Tel Aviv Stock Exchange.

"The opening bell of the Tel Aviv Stock Exchange"
Photo by Stephen Kushner

Topics covered during the conference ranged from the future of mobile computing to strategies for market entry into high-tech in China and India. Additionally, there were a number of headline speakers during the two day event including, the godfather of Israeli high-tech venture capital, Yossi Vardi, and Israel's Prime Minister, Benjamin Netanyahu.

"Prime Minister Netanyahu talks about Israel's technology future"
Photo by Stephen Kushner

During the two day event, the Smith team had an amazing opportunity to hear from key thought leaders in Israel's high-tech and investment community. Given our ongoing tech commercialization projects at the Technion, some of the contacts we made and presentations we heard had an immediate and practical resonance. Other speakers we saw were interesting more from a general professional development standpoint.

"The Smith team at the hi-tech conference"
Photo by Stephen Kushner

Given the compressed schedule during the two days in Jerusalem, we didn't have too much time to explore outside the conference. That being said, we did get a brief tour of the Old City (courtesy of the conference organizers) on Tuesday night - where we were to have a preview of the Festival of Lights (which was unfortunately canceled due to technical difficulties). We met our guide just outside the Jaffa Gate and then walked past the Church of the Holy Sepulchre, ending at a rooftop overlooking the Wailing Wall. Really impressive!

"Steve captures the Western Wall at night"
Photo by Stephen Kushner

On Wednesday night, after the end of the conference, the team met on Ben Yehuda Street - one of the more popular shopping streets in Jerusalem. We spent about an hour shopping and window gazing. Afterwords, we walked up to Sami's restaurant for a final dinner before hitting the road back to Haifa. 

"The team enjoys an amazing schwarma dinner in Jerusalem" 
Photo by Stephen Kushner

All in all, it was a very successful two days in Jerusalem! We'll be heading back for a more historical and culturally centered visit tomorrow.

More Affirmation

To those of us participating in this program - and for our many supporters back in the US - we each already know and understand the importance and relevance of Israel. The case for its economic value has been clearly made. However, as I've come to find, the rest of the world has often been slow to acknowledge this same truth. 

Nevertheless, earlier this past week Israel (as reported in the New York Times) received some important recognition.

The Organization for Economic Cooperation and Development (OECD), a 31-country group often seen as an exclusive club of rich countries, voted unanimously on Monday to admit Israel. On Monday, Prime Minister Benjamin Netanyahu called a news conference to hail the acceptance as a “seal of approval,” saying it would “open doors and provide access to many fields” and increase foreign investment here ... Israel’s economy was close to collapse in the 1980s, but because of a series of difficult market-oriented changes it has grown into a technological powerhouse with an annual per capita gross domestic product not far from Germany’s.

We all know that - when it comes to the world economy - Israel matters. It's nice to know the global community is finally starting to recognize this fact as well.