10 Years, 10 Companies, $100 Billion: Israel's Tech 'Big Bang' Is Here

Forget the 'Startup Nation.' Israeli high-tech is changing. The industry is set to grow a new generation of large companies that could could revolutionize Israel

Nir Zohar
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Nir Zohar

In the next year or two - assuming market conditions don’t change - 20 to 40 Israeli tech companies will go public in New York, with an average valuation of $3 billion. Waiting in the wings are dozens more small companies, all in earlier stages of growth.

While it’s true that the IPO market is currently “hot” - thanks to the low interest rates, influence of the coronavirus crisis and other external factors - this group of companies, which grew in the Israeli high-tech ecosystem in recent years, represent real value that rightfully belongs on the stock market.

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