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What did Goldman Sachs do to Lemonade and how long do employees spend on social media when WFH?

What did Goldman Sachs do to Lemonade and how long do employees spend on social media when WFH?

CTech Daily Roundup: Israeli cyber company Ermetic completes $17 million series A round

CTech | 23:04  29.07.2020

Analysis | Goldman Sachs drops a bombshell on Lemonade. In an unusual step, analysts from Goldman Sachs, which was the underwriter for the online insurer’s successful NYSE IPO earlier this month, cut its price target by nearly 50%, urging investors to sell. Read more

Israeli cyber company Ermetic completes $17 million series A round. Four veteran entrepreneurs came together to found the company and this time have no plans of selling it. Read more

The Lemonade app. Photo: Courtesy The Lemonade app. Photo: Courtesy The Lemonade app. Photo: Courtesy

As Covid-19 sees layoffs surge, app that offers short term jobs prospers. Nano developed an application that connects employees seeking a daily income with employers in need of temporary workers. Read more

Israel’s Covid-19 proximity detection app rolls out, with much criticism. Experts highlight problems in the app’s security, code, privacy protection and methodology. Read more

5 things to keep in mind when raising money for your startup during a global crisis. Entrepreneurs planning on raising funds in the near future will not have it easy but there is room for optimism and there are things you can do in order to improve your chances of securing future investments. Read more

vcita launches an open CRM platform to support small businesses. The new strategy will allow easier development on its cloud-based platform. Read more

Study finds employees spend 2 hours a day on social media when working from home. A new study conducted by BDO examines employee productivity across various remote work models. Read more

Merchavia Holdings invests in Israel-based Aura Smart Air to help combat Covid-19. The investment comes following a trial at Sheba Medical Center testing coronavirus purification systems. Read more

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