Google Chairman Praises Israeli Start-Up Economy

Eric Schmidt, former Google CEO and now the executive chairman of the company, visited Israel and praised the country continuously. Prime Minister Netanyahu wrote on his Facebook page that during his meeting with Schmidt, the Google boss noted "that Israel is second in the world to Silicon Valley in the number of high-tech start-ups, with more than 6,000 established in the past decade".

"Israel's impact is immense".
Eric Schmidt

In a lecture before hundreds of students in the Weizmann Institute, Schmidt explained why Google is constantly investing in Israel: 

"Israel is booming in terms of entrepreneurship because you have a culture that allows you to challenge authority and question everything. You don't follow the rules," Google executive chairman Eric Schmidt said on Sunday in an address to hundreds of students and researchers at the Weizmann Institute. Schmidt is currently on a short visit to Israel.

"The impact Israelis are having on science and technology is immense, so that's why I'm here and why I'm investing here," the Google chief said.

Boycott? Divestment? BSemites keep dreaming. In reality, as we can see, the investment in the Israeli economy is thriving.