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What did I just read?! Some facts: - How can you compare venture money per capita with China, India, US etc.?! What kind of logic is this?! - Yes it's true th
by zeynalov 15y ago
What did I just read?! Some facts:
- How can you compare venture money per capita with China, India, US etc.?! What kind of logic is this?!
- Yes it's true that they got more venture capitals than other countries, but why? Because hey made kick-ass startups?! Where are these startups? They got because of Jews living outside of Israel invest too much money there. This doesn't mean that they are a startup nation. For example Kuwait invests thousand times more than Israel on national startups but this doesn't mean that they are genius.
- Actually they get daily aid of 8-10 million dollar from only US an Germany. Do you call this aid venture capital?!
- azernik 15y agoFor an economy that produces $217 Billion annually, $3 Billion annual military aid is chump change - especially when 75% of that aid is composed of credits that must be spent on American products. So the actual fiscal stimulus from the US amounts to a grand total of about $600 million per year, or about .27% of GDP (no, that decimal point is not a typo)