Israel was the entrepreneurial miracle of the 1990s. It attracted more venture capital per person than anywhere in the world. Startups popped-up fast, leading to the country having the highest density of tech startups in the world. Through the '90s—and well into the 2000s—the tiny nation produced more Nasdaq-traded tech companies than anywhere else outside of Silicon Valley.
"But a curious thing happened on the way from being a place that had nothing to lose to a place that everyone expected to win," writes TechCrunch senior editor Sarah Lacy in her new book, Brilliant, Crazy, Cocky. "Somehow, as Israel developed more of the ingredients that academics would consider crucial to high-growth company formation, returns from those startups have plummeted." Inc.com's Christine Lagorio recently spoke with Lacy.
To read the full, original article click on this link: How The Israeli Startup Scene Imploded
Author: Christine Lagorio
