News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
By: Julie Bort
In the weeks that preceded Google’s $1.15 billion purchase of the Israeli map app Waze in 2013, there was a constant stream of leaks about the deal, and about a bidding war between Google, Facebook, and Apple.
The sale was a milestone for Israel’s young but huge startup community: The first Israeli consumer-app company to be bought for over $1 billion. In an instant, the whole “Startup Nation” decided to quit aiming for fast exits and build billion-dollar companies instead….read more.