Silicon Valley tech industry feels effects of Israel-Hamas war

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The war in Israel is already causing a ripple effect in Silicon Valley.

PALO ALTO -- Roughly the size of New Jersey, Israel has been dubbed the 'start-up nation,' with more startups per capita than any other country in the world. According to the United States-Israel Business Alliance California serves as the global or U.S. headquarters for 35 Israeli-founded unicorns -- startup companies with a value of over $1 billion. Now the war in the Middle East is having a direct impact on Silicon Valley.

On Thursday, he took some time off and drove to Palo Alto to take part in a rally of Bay Area tech workers in support of Israel. 'We're hurting right now,' he said. 'We're bleeding from the inside. Israelis worldwide, Jewish people worldwide are not OK right now. Their soul has been stripped apart.' Guy Horowitz is an American Israeli venture capital investor; he says the war in Israel is already causing ripple effects in Palo Alto.

 

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