 In uncertain economic times, companies seek a safe business haven. And today, that haven is the U.S. government, which wants to help revive the economy by stimulating it. So how can Israeli companies get a piece of that action? What they really need is a friend to guide them along the path to contract success – and they may just find that friend in Beth Cohen  Ebiz mobility has developed a payment clearing system that enables merchants to feel secure that they will get paid, without having to pay expensive premiums to billing service providers; it enables sites or cellphone service providers to grab a piece of the business that passes through their network; and it allows hundreds of millions of web surfers who would otherwise be locked out of internet commerce the opportunity to purchase digital contents and products.  You may have a fantastic idea, an excellent product, and a valid business plan – but investors are in no mood for “wow” factors today. The most important question during normal times has become the only question now – what’s the bottom line? If you can answer that question you have a fighting chance of getting some VC or angel money. And that’s what “Bootcamp” is all about.  Back in the 1850s, pundits were telling would be entrepreneurs to “go west, young man.” The west has long been won, though; and experts agree that today the big entrepreneurial challenges are in the east – the Far East, that is, with India, in particular, seen as the new “land of opportunity.” And thanks to the cheap and easy identity authentication system developed by Israeli startup Classifeye, hundreds of millions of low-income Indian residents are about to get a major push into the middle class – enhancing the world economy with new demands for goods and services, just when the [...]  What do you do if you want to buy something from a store where they don’t take credit cards? Pay cash, of course! Okay, but what if you want to buy something really big – say, a car – and the person you’re buying it from doesn’t trust banks; no checks accepted, no credit cards, no nothing, Just plain old cash. And they live in a bad neighborhood – which makes you very nervous about shlepping around big amounts of cash. Now what? The scenario I’ve just described is not some from the anti-bank gold bug Luddite playbook, but a reasonably realistic description [...] |
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