Conclusion: Where Is Everything Going?

One of the best engineers who worked for us at IntSights was a brilliant and promising guy, whom I hoped would one day join the company's management. He was earning around 30,000 NIS ($8,700) a month and seemed to be satisfied. One day he walked up to his manager, Amir Hozez, and said he was quitting because a rival company had offered him 42,000 NIS ($12,200). “I know I'm not worth that much,” he admitted, “but if they're offering, why shouldn't I take it?”

“This story illustrates what employers were going through during the times of plenty in 2021,” Hozez tells me. “Cheap money and competition for talent sent the whole industry into a frenzy.”

Bring me people: The challenge of human capital

The future of the Israeli cyberindustry looks promising, but just as it can continue soaring, it can also lose altitude. Throughout this book, we have discussed the many factors that have pushed the Israeli cyberindustry ahead. The most important and fundamental factor behind Israel's success appears to be the high‐quality human capital in the country.

Israeli culture and the IDF's technological units produce a large share of the talented entrepreneurs we have seen here, and they also provide a springboard for the engineers and other highly capable workers who have become the backbone of the industry. It is this human capital that attracts investors and gives them the confidence to invest in Israeli companies; it is this human capital that pushes ...

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