A whole crop of successful new entrepreneurs is coming out of Israel. The latest wave started last summer, with the news that Google paid $1.1 billion for the cutesy mapping-and-traffic app Waze. There's the Israeli-Canadian team that just won the Global Startup Challenge. There's the rise of Israeli venture firms, from Tel Aviv to Palo Alto. There's an incubator just for Israeli entrepreneurs in the Silicon Valley. And there's the 52 percent spike in demand for web developers that Israel — and its $243 billion economy — saw in 2013.
Move aside, MIT, Stanford and Y Combinator — even IT and Tsinghua. It looks like the best entrepreneurial incubator in the world might actually be created via conscription … the Israeli Defense Forces (IDF).
Image: (Photo: Reuters)
