Expect More Billion-Dollar Israeli Unicorns: Medved CEO
- OurCrowd CEO sees more exits topping $1 billion in Israel
- High-tech companies raised record $4.43 billion in 2015
How Market Volatility Is Impacting Crowdfunding
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Jon Medved, CEO of Jerusalem-based crowdfunding platform OurCrowd that more than doubled its investments in the past year to $200 million, expects Israel to see more "startup unicorns"and larger exits as its entrepreneurs form their second and third companies.
Israel has already seen several exits of more than a billion dollars, including Mobileye NV, the Jerusalem-based maker of software for driverless cars that closed at a valuation of $6.5 billion in New York on Friday.