To understand Israel’s innovation success, look no further than the Israeli Defense Forces and the country’s mandatory policy of service for young adults. For me and thousands of Israeli entrepreneurs like me, our startup journey began in the technology units of the Israeli Defense Forces. One unit in particular has become a prolific technology incubator, particularly in the field of cybersecurity: IDF Unit 8200.
  • FuckyWucky [none/use name]@hexbear.netEnglish
    5·
    11 months ago

    Why does a country with few natural resources have more companies listed on the NASDAQ than Europe, Japan, Korea, India and China combined?

    Because being listed on NASDAQ doesn’t mean shit. Notice how U.S. isn’t mentioned (because NASDAQ is American ik) but no other countries but Israel having companies listed on the American stock market should indicate that Israel is in many ways the 51st State.

    China for example doesn’t even want its companies to be listed on foreign stock exchanges and instead promote domestic capital markets.

    To understand Israel’s innovation success, look no further than the Israeli Defense Forces and the country’s mandatory policy of service for young adults.

    Yea and how is IDF is funded I wonder brrrrrrrrrrrr

    “Between 1951 and 2022, Israel received $225.2 billion in US military aid, adjusted for inflation, which is approximately 71% of its aid from all sources.”

    A ‘country’ with 10 million people btw.