Groucho Marx could have been talking about the Israeli hi-tech sector when he said “I made a killing on Wall Street a few years ago…I shot my broker”. In 2012, as Israeli exits topped $5.5 billion, there was reason to celebrate but plenty of cause for concern.
Last week’s top story was with no doubt Microsoft’s bid to acquire Yahoo. The plot was full of twists and drama, saved only to”Jurassic Park” style M&A deals like this one. Israel didn’t stand still last week, so I’ve gathered the most interesting startup and venture capital headlines of the week in my bitesize format.
Jajah, an Israeli VOIP provider, is taking VOIP to the next level with a new product called Jajah Direct. As its official blog explains, the service offers international calls for the price of a local call with no need for internet connection. Unlike Gizmo, [...]
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