Quite simply by how much someone is willing to pay for it. Israel has earned the monicker “Start-Up Nation” for producing a steady stream of new technology companies, many of which are soon acquired by large international firms. The prices paid for these Israeli start-ups are often astronomical. But it’s money well-spent considering the frantic pace of development.
The year 2013 saw an Israeli hi-tech exit finally break the $1 billion mark when the popular navigation app Waze was acquired by Google for $1.1 billion.
Also in 2013, a less-well-known Israeli start-up called Trusteer was bought by IBM for one billion dollars.
Waze’s record remained for several years, even as many Israeli start-ups were acquired by international firms, but “only” for several hundred million each. Around this time, the attitude of Israeli founders also shifted. Many now seek to build up a stronger local business, and not simply look for a high price tag “exit” right from the beginning.
Wix went public in 2013 and achieved a market value of $127 billion. This company, which allows users to create their own...
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