In Other News… Israel is Hot

June 18, 2006

Redherring_1 How hot is Israel?

According to the June 19 issue of venture-capital magazine Red Herring, it’s… 

"so hot Lehman Brothers? Tel Aviv office did six deals in less than two weeks in April?so hot, in fact, Lehman has to add three more investment bankers to the 10 it already has on deck. The tiny Middle Eastern country, with a population smaller than Manhattan?s, has become a global player in innovation, thanks to its thriving venture capital scene and many home-grown startups. There are now 75 Israeli companies listed on the tech-heavy Nasdaq more listings than any other foreign country but Canada."

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