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Israel's GDP is $500B+ . So Google's offer would bring 4%+ of one year's GDP into Israel. And these guys refused it. One can wonder what the government would th
by trhway 2y ago
Israel's GDP is $500B+ . So Google's offer would bring 4%+ of one year's GDP into Israel. And these guys refused it. One can wonder what the government would think here :)
- underdeserver 2y agoThankfully, Israel is a free country and the government can't force you to sell.
- trhway 2y agoNot necessarily force. Government can do a lot toward either direction - facilitating or blocking a deal. And when somebody comes with a boatload of money noticeable on the scale of your GDP, the government would hardly stay neutral. Just look at all the circus around Foxconn in Wisconsin for example and that is much smaller scale wrt. US GDP.
- underdeserver 2y agoWell, seems they did stay neutral. To be fair the Israeli government is somewhat preoccupied right now.
- dunekid 2y ago>Thankfully, Israel is a free country and the government can't force you to sell Not so sure about the force per se, but NSO group has been pretty much a bargaining chip in securing the support for the State from autocratic nations around the globe.
- qeternity 2y agoMost of the shareholders are not in Israel.
- trhway 2y agoYou seem to be half-way right. Wiz took 1.9B total. The last 1B was on $12B valuation and the previous rounds, except series A where i don't see data, were also under 10%. So, yes, the investors probably own about a half.
- qeternity 2y agoAlso the vast majority of the team, including the founders, are in NYC.