Meet the world famous startup hub

Nevertheless. Tel Aviv is considered to be THE world’s startup hotspot, alongside Silicon Valley, New York, London and increasingly Chinese cities. The small country with 8.7 million inhabitants has produced 19 exits beyond the 100 million mark between 2012 and 2018 — the sale of ICQ (remember? “Pling”) to AOL for $ 287 million made the prelude, then followed by Waze (2013 by $ 1.1 billion to Google), Viber (2014 by $ 900 million to Rakuten) or Mobileye (2017 by $ 15.3 billion to Intel). There are 6,500 high-tech companies in Israel, with between 1,200 and 1,500 new startups each year, and 350 multinational corporations (including Facebook, Apple, Google, Amazon) have settled. “All the top companies in the IT industry are here. From these companies so many well-educated people come into the ecosystem, that can not be overstated, “says Gigi Levy-Weiss. He is one of the country’s most active business angels (120 investments, 40 exits), once led the gaming startup Playtika ($ 4.4 billion exit to China) and now advises Facebook and Bertelsmann. <a href="https://medium.com/@aleb/meet-the-world-famous-startup-hub-71920a47f245">Visit Now</a>