Nine out of 10 startups raised money at higher valuations in 2016; ControlUp secures $10m from K1 and JVP; Barak Regev named head of Google Israel.
Successes like the self-driving tech company sold to Intel win the spotlight, while failures die quietly in the dark, encouraging an unrealistic attitude by entrepreneurs and investors about their prospects.
The industry’s wizards likes to tell a good story, but sometimes they exaggerate to the point of criminality.
Exits are just part of the picture, and their shrinking number could derive from an uptick in other criteria that reflect growth and maturity in the high-tech industry.
Startups often lie or at least embellish the truth in their efforts to sustain growth. Here’s how it’s done.
'We have a lot of faith in the markets and our products and our ability to create something fun and amazing,' says CEO.
How is it that when Israeli high-tech startups are sold for billions, the only taxes paid come from the employees?
Tel Aviv-based IronSource is valued at around $1.8 billion, source says.
Playtika will continue to operate with its own management team and its headquarters remaining in Herzliya.
Mutual fund category for investment in startups approved by finance minister; SafeBreach raises $15 million for simulated hack attacks technology; SNE raises $2.5 million for technology transfer from Israeli colleges.