MembersIsrael’s start-up success story

How do you determine the value of a business idea?

By Israel Today |
Photo: Public domain

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”...

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