UpWest, the venture firm led by Shuly Galili, Gil Ben-Artzy and Assaf Wahrhaft, announced this morning that it has closed on a $70 million fund, the fourth in the firm’s more than 10-year history. The firm is unique in that it specializes in funding and supporting Israeli founders who are looking to enter the U.S. […]
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How Israeli companies are riding the Covid wave to Wall Street
How Israeli companies are riding the Covid wave to Wall Street
It’s not in spite of Covid that Israel has been able to succeed; it’s because of this challenging time that many companies reached this benchmark.
Photo by LoLo on Unsplash
This is a pivotal time for Israeli companies on Wall Street. A significant number are going public, and this has major ramifications for the trajectory of the whole ecosystem.
While much of the world’s economy is still continuing to struggle with Covid, Israel is on its way to becoming a country that is home to 100 unicorns –private companies valued at over $1 billion.
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This week we observed International Women’s Day, and although women have come a long way in recent years, there’s still a long way to go. Even though women make up almost half of the workforce, they hold less than a quarter of senior positions globally. According to US Census Data, women earn on average 80.5 cents for every dollar earned by their male colleagues, and over $10,000 less in median earnings than men. When it comes to Fortune 500 companies, only 24 have women CEOs.