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"By working faithfully eight hours a day, you may eventually get to be a boss and work twelve hours a day", Robert Frost, American poet and winner of four Pulitzer prizes.

Israeli venture capital funds have been struggling to raise their target sums in the past few months, and the Israeli venture capital lost a quarter of a billion dollars?for?potential start up investments.?

?Tamir Fishman's venture capital fundwill have to satisfy with a 100 million dollar fund rather than the $150 million it originally planned to raise. Tamir Fishman will also cease its fundraising efforts for a third fund Gemini?Israel Funds had to settle for a $150 million fund, rather than the $200 million it originally planned for. It is the first time since 1997 that Gemini raises a fund smaller than $200 million. Giza Ventures?has also dropped $50 million from its projected $150 million fund and has stopped its fundraising efforts on Giza 5. JVP and Genesis Partners?are both currently working baltimore jersey on raising additional funds, but are projected to fall 100 million dollar short as well by October. To add to the woes of the funds, partners are dropping right baltimore jersey and left. According to YNET: Yuval Baharav, one of Sequoia's senior partners has left the fund, to start a new company. baltimore jersey Harel Beit-On has left Carmel?Ventures. Michael Elias, one of Tamir Fishman's five senior partners has left the fund for ‘family matters'. Gemini Ventures?also shed one of its partners recently, Carmel Sofer, supposedly for his decision to start a doctoral program, but according to Israeli publications, due to disagreement on the fund's investment strategy.

All together, it is a $250 million loss, out of an $800 million of total capital raised. The impact will likely be felt? primarily by Israeli start ups, who are currently ‘thirsty' for capital.