Former New Yorker Ben Wiener is launching one of the first micro-funds in Jerusalem, so new ideas can flourish in one of the world’s oldest cities.
Tel Aviv-based website builder Wix successfully debuted on the Nasdaq today, raising $127 million by selling 7.7 million shares at $16.50 each, the top end of its intended pricing range. The stock popped briefly above $17.50 before settling back down $16.46.
“Our first focus is providing more value to our Amazon Web Services customers,” Laczynski told me yesterday. “But we see also opportunities in the hybrid cloud and private cloud spaces.”
The Startup Genome has analyzed 50,000 startups around the world to create what it is calling the first “data-driven ranking” of the top 20 tech hubs on the planet.
More than four out of 10 global executives polled by KPMG believe that the world center of technology innovation will not be Silicon Valley within four years. And among those who believe that Silicon Valley will lose its place as the de facto world capital of technology, a similar four out of 10 believe China will house the next dynamo of technological creation.
I’ll be traveling to Tel Aviv next week, and I’m looking to meet with entrepreneurs.
Next week, I’ll will be traveling to Tel Aviv, in a long overdue trip to one of the most innovative places in the world — especially in the area of security start-ups.