IVC Research Group

‘Angels’ For Israeli Start-ups

02/06/2008
Staff Writer
When Warren Buffett plunked down $4 billion for an 80 percent stake in Israeli-based Iscar Metalworking in 2006, his first-ever foreign acquisition sent an unmistakable message that Israel’s industry is a good bet for foreign investors. Today, though Israel’s economy suffers from a growing income gap between rich and poor, foreign investment is up and Israeli high-tech start-ups are on the rise.  
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