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popularity

Description

The list of companies that started in Israel is lengthy. There are literally hundreds of startups at the very leading edge of technology. But the real focus is on the technology, not the business side.

The Israeli market
The key ingredients for successful startups are available capital, a strong higher education system with a sufficiently educated pool of talent, and an entrepreneurial spirit. Typically these factors are concentrated in relatively small areas, such as Silicon Valley in California. But that’s just a pre-requisite. It doesn’t guarantee success.

Israel has roughly 9 million people in a country that is 290 miles long and 85 miles wide, which is roughly the size of the state of New Jersey. Nevertheless, it continues to play a significant role at the leading edge of technology. Rather than just fast following of trends and technologies, it has created or led many of them.

Follow the money
Israeli investors have struck it rich a number of a times over the past decade, and there are plenty more possibilities on the way.