Does Israel have what it takes to create the next Instagram or Facebook?

Entrepreneurs and venture capitalists who once dreamed of easy money in the start-up nation are now contending with an industry where funding models are being upended and Cinderella stories are increasingly hard to come by.

By Amir Teig | 15:07 03.03.13 |

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What was the most significant event in the digital world in 2012? Facebook's purchase of Instagram, by a knock-out.

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Does Israel have what it takes to create the next Instagram or Facebook?

Entrepreneurs and venture capitalists who once dreamed of easy money in the start-up nation are now contending with an industry where funding models are being upended and Cinderella stories are increasingly hard to come by.

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