Israel may lose its title of "Start Up Nation"
Israel may lose its title of "Start Up Nation", warned Google chairman Eric Schmidt. Gil Brandes, head of our firm's Hi-Tech practice, in an interview to Bloomberg, suggests that the State invest jointly in venture capital with institutional investors, such as insurance firms and pension funds, injecting 20 percent of the capital and taking profit after them. “The risk hedging will encourage institutions to get in the game... and educate the pension funds on this industry.
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