Demtech's Mario Cohen also brings to light the community atmosphere of the Israeli high-tech: "With the amount of startups in the community - this is a huge ecosystem that can be learned a lot from each other and leverage this collaboration to build new things. Israeli entrepreneurs are constantly adapting to new situations, new trends and identifying the next thing. In such an ecosystem, where everyone knows everyone, they start new companies based on existing companies and take advantage of the experience gained in old companies. The sheer volume of accelerators and incubators and VCs also helps all community partners develop faster, "says Cohen.
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