Well known venture capitalist Scott Tobin made the jump to Israel, and plans to bring investments with him. He plans to invest some of the $3 billion that his firm, Battery Investments, holds in their investment funds portfolio.
Tobin said that he thinks the next big inventions will come from Israel, and that there are few places left in the world as innovative as Israel. His goal is to invest $50-$100 million a year in Israel.
Read the whole story at Ha’aretz.
Comments on this entry are closed.