Facebook Feed

5 days ago

Yoram Ettinger
2023 Jewish demographic momentum in Israel: bit.ly/40qV0aV ... See MoreSee Less
View on Facebook

4 weeks ago

Yoram Ettinger
Purim Guide for the Perplexed 2023: bit.ly/3ZdlxHY ... See MoreSee Less
View on Facebook

4 weeks ago

Yoram Ettinger
אתגר מרכזי לביטחון לאומי: bit.ly/3xkSwh1 ... See MoreSee Less
View on Facebook

Accelerated investments in Israel’s high tech

 

1. According to KPMG, one of the four largest CPA firms in the world, investments in Israeli start-ups during the third quarter of 2013 ($660MN) were the highest since 2000, 34% higher than the second quarter and 35% higher than the third quarter of 2012.  According to Price Waterhouse Coopers, another big-four CPA firm, investments were 32% higher than the second quarter and 29% higher than the third quarter of 2012 (Globes business daily, Oct. 16, 2013).  

2.  Since January, 2013, the following Israeli companies raised funds in Wall Street Initial Public Offerings (IPOs): Keryx – $70MN, MedGenics – $32MN, Delek USA – $355MN, Cimatron – $15MN and $16MN, InspireMD – $25MN, Even Keisar – $181MN, AlCobra Pharma – $25MN, Kamada – $59MN, StrataSys – $481MN, EnzymoTec – $62MN. (Globes, Oct. 11).

 

3.  Facebook acquired Israel’s start-up, Onavo – its first R&D center in Israel – for $150MN (Globes, Oct. 15).  TTI, a subsidiary of Warren Buffet’s Berkshire Hathaway, acquired Israel’s Ray-Q for a few.  In 2010 TTI acquired Israel’s Net-Aye (Globes, Oct. 7).  The NJ-based Avaya acquired Israel’s IT Navigator for a few tens of million dollars (Globes, Oct. 2).  Since January, 2013, the following major acquisitions of Israeli companies were made: Google acquired Waze for $966MN, IBM – Trusteer for $650MN, OPKO – Prolor Biotech for $480MN, Cisco – Intucell for $475MN, AOL – Adap.TV for $405MN, Avago – Cyoptics for $400MN, EMC – Scaleio for $250MN, Shanghai Fosun Pharma – Alma Lasers for $240MN, Allscripts – dbMotion for $235MN, Facebook – Onavo for $150MN.

4.  The Israel-based Vintage Investment Partners and Jerusalem Global were joined by the Menlo Park-based Benchmark Capital, Sequoia Capital and Tallwood Venture Capital, the San Jose-based Qualcomm Atheros and the Hamilton-based Marvell in a $35MN round of private placement by Israel’s Wilocity.  The San Francisco-based Comcast Ventures was joined by the London-based Liberty Global Ventures, the Boston-based Globespan Capital, the Palo Alto-based Norwest Venture Partners and the Israel-based Vintage Investment Partners in a $20MN round of private placement by Israel’s SundaySky.  Microsoft Ventures invested a few hundreds of thousand dollars in Israel’s SkyGiraffe (Globes, Oct. 16).   The Dallas-based View Capital and Memphis-based River Street Management led a $26MN round by the Israel-US Active Implants (Globes, September 9).  The London-based Index Ventures led an $8MN first round of private placement by Israel’s Lacoon.  The St. Paul-based 3M led a $6MN round by Israel’s TaKaDu (Globes, Oct. 17).

5.  Israel is ranked as the second most educated country in the world.  Its high school graduation rate was 92% in 2010, well above the OECD’s 84% average. Some 46% of residents had a tertiary education, second only to Canada (51%) and ahead of Japan (45%) and the US (42%), versus 31% for the OECD (http://bit.ly/1bKT7I6).   

6.  Israel’s debt/GDP ratio is 67.2% (99.7% in 2003!), compared with OECD average – 108.8%, France – 109.7%, US – 106.3%, Britain – 103.9%, Spain – 90.5%, Germany – 89.2%, Finland – 63.3% and Denmark – 58.9% (Globes, Sept. 9).

 




Videos

The post-1967 turning point of US-Israel cooperation

Israeli benefits to the US taxpayer exceed US foreign aid to Israel

Iran - A Clear And Present Danger To The USA

Exposing the myth of the Arab demographic time bomb

Israel’s Covid-19 Economic Trends

Straight from the Jerusalem Boardroom #248
https://bit.ly/3u29k9g

Foreign investment in Israel’s high-tech companies surged to new heights in the 1st quarter of 2021 – $5.7bn in 172 deals – which is up 89% over the impressive 4th quarter of 2020 and double the volume of the 1st quarter of 2020.

2020 was the first year of surpassing $10bn in capital raised by the Israeli high-tech sector from investors in the US, Asia and Europe, who trust the maturity of Israel’s brain power. Investments in Israeli companies more than tripled in six years, reflecting the effective response by Israeli startups to the technological, medical, pharmaceutical, educational, social and digital challenges posed by Covid-19.

Israel’s economic performance in defiance of Covid-19 is presented by Dr. Adam Reuter, the Chairman and Founder of “Financial Immunities,” Israel’s largest financial-risk management firm, and the co-author of Israel – Island of Success:

  1. Israel has led the globe in the rapid administration of Covid-19 vaccinations due to effective negotiations with Pfizer and an efficient, country-wide medical infrastructure.
  2. Israel is the second lowest among OECD countries in the number of Covid-19 deaths per number of Covid-19 cases: 0.7% compared to the 2.3% OECD average. Israel features a young population (median age of 30 compared to the OECD’s 42) and an effective country-wide medical infrastructure, including top level HMOs and hospitals.
  3. Israel is ranked 12th from the bottom among the 37 OECD countries in the number of deaths per million inhabitants: 645 compared to 1,145 OECD average.
  4. The International Monetary Fund’s 2025 GDP growth forecast for OECD countries: Israel – 4%, OECD average – 2.2%, US – 1.8%, Australia – 2.5%, Ireland – 2.6%, France and Canada – 1.7%, the UK – 1.6%, Germany – 1.2%, etc.
  5. Israel’s 2020 GDP was reduced by 2.5%, compared to the OECD average reduction of 4.1%, South Korea – 1%, Norway – 0.8%, Australia – 2.6%, US – 3.5%, Japan – 4.8%, Germany – 5%, France – 8%, the UK – 10% reduction, etc. GDP growth was recorded in New Zealand – 2.4% and Ireland – 3.5%.
  6. In 2020, Israel was ranked 20th among the 37 members of the OECD in terms of GDP per capita, featuring $43,000 (GDP – $408bn), ahead of Japan, Italy and Spain, and very close behind the UK ($44,000) and France ($45,000).
  7. Israel’s debt-to-GDP ratio increased from 60% in 2019 to 72% in 2020, compared to the OECD’s average increase from 66% to 82%. The 2020’s debt-to-GDP ratio was 266% in Japan, Italy – 161%, the US – 131%, Germany – 73%, etc.
  8. Israel’s foreign exchange reserves-to-GDP ratio of 41% (3rd among the OECD countries) attests to its financial stability, and Israel’s capability to raise foreign credit promptly in a cost-effective manner. Israel’s foreign exchange reserves in March 2021 – $186bn.
  9. During the past decade, Standard and Poor (S&P) accorded Israel a positive credit rating trend, unlike the negative trend for the G-7 countries. In 2020, notwithstanding Covid-19, Israel’s credit rating (S&P) remained at AA.
  10. Some 380 global high-tech giants operate in Israel, including Microsoft, Amazon, IBM, Intel, Cisco, Apple, Verizon, Applied Materials, Dell, HP, Kodak, Oracle, Philips, SAP, Medtronics, GM, eBay, GE, etc. Israel leads the world in the ratio of research and development investment to GDP: 4.9%. 85% of this investment comes from the business sector.

 




Videos

The post-1967 turning point of US-Israel cooperation

Israeli benefits to the US taxpayer exceed US foreign aid to Israel

Iran - A Clear And Present Danger To The USA

Exposing the myth of the Arab demographic time bomb