Bank Leumi, Geektime, The Israeli Founders Syndicate on AngelList are pleased to invite you to an evening of tech related content and networking. The Meetup will feature a presentation on "The Most Important Thing in Tech - FAMGA", followed by a lively discussion on the implications of the five increasingly dominant tech companies on Israel's tech landscape. Most importantly, there will be plenty of time for networking.
In his recent blog post "The Profound Implications of Five Increasingly Dominant Tech Companies (https://medium.com/startup-grind/facebook-apple-microsoft-google-amazon-aka-famga-is-eating-the-world-d3ba0c62df8b)", Lou Kerner focused on the growing dominance of FAMGA (Facebook, Apple, Microsoft, Google, and Amazon), in terms of market cap and what it means for the tech landscape.
For instance, what happens to innovation when areas like internet advertising and e-commerce are dominated by one or two players.
A second issue is adjacent markets (e.g. cloud, autonomous vehicles, AR/VR, AI ...) that FAMGA are rapidly becoming players in.
We've seen dominant companies (e.g. IBM and Microsoft ) ebb, as computing eras moved from mainframe to desktop to mobile. Is there any reason to believe that this time is different?
What about the rise of AI and data as important factors in determining future business success? Does FAMGA have huge advantages in those areas?
What are the biggest threats to FAMGA?
Lou will provide a data-driven analysis of the growing dominance of FAMGA, and outline his views on the implications, before opening up the discussion to the broader audience in what will surely prove to be a thought-provoking dialogue.
Lou will be joined by two of Israel's leading VCs, Daniel Cohen (General Partner at Carmel Ventures) and Nir Blumberger (Venture Partner at Accel Partners, formerly Corp DEV Deal Lead at Facebook) who will join himfor a Fireside chat regarding "The Profound Implications of Five Increasingly Dominant Tech Companies (https://medium.com/startup-grind/facebook-apple-microsoft-google-amazon-aka-famga-is-eating-the-world-d3ba0c62df8b)"