Metro Plus News US investors see value in Israeli tech firms despite war

US investors see value in Israeli tech firms despite war

Nearly 7,000 miles away in Portland, Oregon, venture capitalist George Djuric said he was compelled to visit Israel during the country’s war with Palestinian militant group Hamas and to pledge support for the high-tech sector.
Djuric, chief technology officer at yVentures who arrived in the United States as a 3-year-old refugee from Bosnia during the Bosnian war in the mid-1990s, this week joined some 70 other U.S. tech executives and investors on a trip to Israel.
He said, “Coming here is a chance to stand in solidarity with Israel and also support the tech ecosystem, which is the world’s second largest after Silicon Valley. As a technology fund, it makes sense for us to be here.”
Although not Jewish, Djuric said he was drawn to Israel by the state’s resiliency and as someone whose family’s views were shaped by war.