6 Tips on How You Can Invest in the Next Billion Dollar Exit
2013 was a record year for the Israeli high-tech sector as the value of M&A deals and IPOs reached an eight-year high of $7.6 billion. Although there were several exits in the hundreds of millions of dollars (the average exit was for $170 million, the highest in decades), most of that sum was for a small number of mega-exits in high-tech. Of the 45 Israeli exits last year, Google’s acquisition of popular social driving app Waze for about $1 billion made the most headlines. Why Waze was valued over $1 billion What was the big deal about Waze? Well, for starters, it’s not every day you hear about titans like Google and Facebook going head to head in a race to buy out a company. Furthermore, the lucrative deal is one of the largest high-tech acquisitions in Israeli history. Google’s acquisition of Waze put Israeli technology back on the front stage of the international startup scene, signaling new growth for Israeli high tech that was clearly evident in the months following the deal. Until recently, most investors thought it would be impossible to build a billion dollar consumer company in Israel. The Google-Waze deal opened...
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