Israeli Tech Leaders From New York Open Trading in Tel Aviv, Affirming a Strong Economic Alliance
Eight Israeli high-tech founders operating out of New York rang the opening bell at the Tel Aviv Stock Exchange (TASE) yesterday (Tuesday) to underscore the economic bond between the two cities, amid concerns in the business community over New York’s incoming mayor, Zohran Mamdani. The Israeli founders from New York delivered a clear message: the
By Linoy Reter
Opinion contributor··2 min read
Eight Israeli high-tech founders operating out of New York rang the opening bell at the Tel Aviv Stock Exchange (TASE) yesterday (Tuesday) to underscore the economic bond between the two cities, amid concerns in the business community over New York’s incoming mayor, Zohran Mamdani.
The Israeli founders from New York delivered a clear message: the business alliance between the two cities is stronger than any political shift.
Combined Valuation: $15 Billion
The purpose of the event was to reinforce the commercial ties between Tel Aviv and New York, against the backdrop of growing concerns within the business community over what is perceived as an anti-Israel line associated with New York City’s incoming mayor, Zohran Mamdani. The entrepreneurs, who describe themselves as ambassadors of Israeli innovation to the world, arrived with a unifiying message: the economic connection between the two cities is resilient and enduring, regardless of political turbulence.
Of the eight entrepreneurs who participated in the ceremony, six head “unicorn” companies valued at over $1 billion each. The combined valuation of the participating firms was estimated at approximately $15 billion.
Israel’s Stable Bridge to the World
The ceremony was led by Guy Franklin, founder of Israeli Mapped in New York (IMNY), and attended by TASE CEO Itai Ben-Zeev. Taking the stage were leading figures from New York’s Israeli tech scene such as Ofir Ehrlich CEO and Co-Founder of cloud backup platform Eon, Asaf Peled founder and CEO of technology and content company Minute Media, and Co-Founder and CEO of AI lab Decart Dean Leitersdorf.
Ben-Zeev and Deputy CEO and Head of the Economic Department Ron Klein welcomed the delegation and emphasized the importance of international partnerships to Israel’s economic growth. Ultimately, the message from the trading floor was unmistakable: even in the face of challenges abroad, Israeli high-tech continues to serve as a stable and profitable bridge to the world.
Watch:
“I will bless those who bless you”
For believers, that message echoes the promise made to Abraham: “I will bless those who bless you” (Genesis 12:3 NIV). In a world of shifting politics and uncertainty, that promise holds true. From biblical times to today’s global innovation economy, those who stand with Israel often find themselves sharing in its flourishing – economically, morally, and historically.
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