Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Tel Aviv Picked as Top Place for Startups After Silicon Valley

Tel Aviv’s startup ecosystem is second only to Silicon Valley’s because of the city’s software engineer population and access to venture capital, researcher Startup Genome said.

The Israeli city beat out places commonly thought of as startup hotbeds, such as Los Angeles (No. 3), Seattle (No. 4) and New York (No. 5) in a global study published this week.

Cities were evaluated based on eight criteria, including the performance of companies located there and access to talent. In Tel Aviv, 40 percent of entrepreneurs have master’s and doctoral degrees compared to 42 percent in Silicon Valley, according to the study. Google Inc. has offices in the Israeli city, and Facebook Inc. also has a presence there after acquiring facial-recognition developer in June.

Still, only 13 percent of company founders in Tel Aviv have lived in Northern California at one time giving them less exposure to the startup culture there, according to the report. In London or Paris, the rate is one out of every four. Israeli entrepreneurs also tend to have a lower appetite for risk than their counterparts in other top regions.

Besides Tel Aviv and London at No. 7, North American cities dominated the top 10 in the study, which was funded by Spain’s Telefonica SA.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.