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One NTSB investigator arrived at the crash site Friday afternoon, with several more expected to arrive on Saturday. Brianna Walker saw the wing of the plane drag the car in front of hers and slam into the wall. The tower lost contact, and then airport workers saw the smoke from the interstate just a few miles away, King said. According to the FlightAware aircraft tracker, the plane was operated by Hop-a-Jet Worldwide Charter based in Fort Lauderdale, Florida. A spokesperson for Ohio State University said the aircraft is not affiliated with the university, and they had no further information about it.

Persons: Brianna Walker, ”, Walker, ” Walker, Robin King, “ we’re, King, Adam Fisher, didn’t, “ Organizations: —, Federal Aviation Administration, Bombardier Challenger, FAA, National Transportation, NTSB, Ohio State University, We’ve, Naples Daily News, Sheriff’s, Jet Worldwide, Fort, Jet, Naples Daily Locations: NAPLES, Fla, Florida, Naples, Fort Lauderdale, Columbus , Ohio, Collier, Fort Lauderdale , Florida

"It's just a very high level of uncertainty," said Amit, who is registering his artificial intelligence-based cloud security firm Gomboc in Delaware. Michael Fertik, founder of Heroic Ventures, a Silicon Valley-based early-stage venture investor, has invested in more than a dozen Israeli startups since 2015. He insists on Delaware incorporation and existing Israeli startups seeking a new funding round from him must switch. But the Israeli government's judicial overhaul is casting a shadow for some. Adam Fisher, a partner at Bessemer Venture Partners and long-time investor in Israeli startups, has been happy to invest in Israeli-based tech firms over the past decade.

Persons: Amir Cohen, Benjamin, Ian Amit, Amit, Ami Applebaum, Yair Geva, Herzog, Fox, Neeman, Ronen Feldman, Michael Fertik, Adam Fisher, Fisher, Ayal Shenhav, Steven Scheer, Emily Rose, Mark Potter Organizations: U.S Embassy, REUTERS, Entrepreneurs, Reuters, Israel Innovation Authority, Ministry of Innovation, Science, Technology, Startup Nation, Heroic Ventures, Delaware C Corp, Bessemer Venture Partners, Gross, Co, TechAviv, Partners, Thomson Locations: Tel Aviv, Israel, JERUSALEM, United States, Delaware

☆ Analysis: Israel's tech sector reels from SVB collapse, proposed judicial reform
▼ + stars: | 2023-04-03 | by ( Steven Scheer | ) www.reuters.com time to read: +7 min

In an industry of around 400,000 there are currently around 6,000 vacant tech jobs, according to government data. More than half of the country's startups held an account with SVB, companies and venture capital investors said, in some cases their only U.S. banking facility although the amounts involved are not fully known. Tech companies and investors alike said SVB was a rarity in the banking industry, familiar with Israel's tech ecosystem and offering loan terms unmatched by other banks. Citing the judicial reforms, Adam Fisher, a partner at investment firm Bessemer Venture Partners, said fewer American banks may be willing to lend to Israeli companies, which means less competition and more onerous terms. Israel's tech companies are therefore likely to flock to register as U.S. companies, while keeping R&D back home, said Yaron Samid, managing partner of the TechAviv Founder Partners fund.

[1/4] Israelis protest against Prime Minister Benjamin Netanyahu's new right-wing coalition and its proposed judicial reforms to reduce powers of the Supreme Court, in Tel Aviv, Israel January 21, 2023. Israeli tech isn't going anywhere. FIDUCIARY RESPONSIBILITYIn a country rife with divisions over the conflict with the Palestinians and matters of synagogue and state, Israel's tech sector has generally stayed out of sensitive political debates. For some of those running tech businesses in Israel the judicial reforms plans may have tipped the scales. Additional reporting by Rami Amichay and Emily Rose in Tel Aviv; Writing by Maayan Lubell; Editing by James Mackenzie and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

☆ Sequoia Capital took a $213 million bath on FTX after the crypto exchange imploded. That's not that bad, VCs say.
▼ + stars: | 2022-11-10 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

FTX investor Sequoia Capital has marked down its position to $0 as the crypto exchange crumbles. Sequoia Capital now views its $213.5 million investment in FTX as worthless as the crypto exchange teeters on the brink of collapse after an eleventh-hour deal to salvage the business fell apart. "Somehow Sequoia capital turned a FTX write down to zero into a humblebrag. It invested $150 million into FTX through its third growth fund, which Sequoia said totaled less than 3% of that fund's capital commitments. In its letter to investors, Sequoia said it does "extensive research and thorough diligence" on every investment it makes.

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