Forums > Information Technology & Internet > Can Pakistan be the next Silicon Valley?
  • Page 1 of 1
  • 1
lescol


Age: 36 Male
3933 days old here
Total Posts: 6369
Points : 68

Location:
Quetta, Pakistan

Status : Offline
Subject : Can Pakistan be the next Silicon Valley?
ADOLPH Schwimmer — who preferred ‘Al’ over Adolph — sat next to the Shimon Peres, who became Israeli president half a century later, in a plane flying over the Arctic tundra. They were heading for Israel. This was 1953. The 2nd World War was over but not yet forgotten.

Having previously smuggled warplanes to Israel for the 1948 War, Schwimmer’s mandate was different this time. It was building an aerospace startup in Israel on invitation by David Ben-Gurion, the ‘founding father of Israel’ and its first prime minister.

Schwimmer had previously floated the idea himself but backed down realizing he didn’t want any part of Israel’s socialist economics or crony politics. But Ben-Gurion had culled those fears, promising him a private-styled company and zero government meddling. Originally from California, Schwimmer agreed and relocated to Israel. The aviation company he founded — the Israel Aerospace Industries (IAI) — would eventually be valued at $1 billion when Schwimmer retired thirty years later.

Source: news

no likes.

Posted on December, 26 2015 07:56:36 PM


  • Page 1 of 1
  • 1