What you must know when your company goes public and who went from vocational school to the CEO’s chair?

CTech Daily Roundup: Facebook Israel invites small businesses to its Commerce School

CTech 22:4427.06.21
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From vocational school to the CEO’s chair. Eternity-IT CEO Asaf Bar’s journey to build his IT company included many twists and turns. Along the way, he burned a computer, worked from his basement, and created an app to find missing people. Read more

 

The entrepreneur with an eye for autotech unicorns. Delek Motors, led by CEO Gil Agmon, has been generating plenty of income from investments over recent years to supplement its handsome profits from being the importer of Mazda, Ford and BMW products to Israel. Read more

 

Mobileye. Photo: Mobileye PR Mobileye. Photo: Mobileye PR

 

Insurtech company WeSure boosts portfolio with $110 million acquisition of Ayalon. WeSure is buying 50.4% of insurance company Ayalon's shares at a $216 million valuation, 33% higher than its Tel Aviv Stock Exchange market cap. Read more

 

Analysis | Transmit Security’s serial unicorn entrepreneurs strike again. The Israeli cybersecurity company’s recent $543 million round was just the latest on a long list of successes by its founders, Mickey Boodaei and Rakesh Loonkar, highlighting how much easier it is for returning entrepreneurs to raise funds and recruit employees. Read more

 

Facebook Israel invites small businesses to its Commerce School. One in three shoppers plan to spend less time in-store even after the pandemic is over, so businesses small and large need to prepare accordingly. Read more

 

What you must know when your company goes public. The recent wave of Israeli tech IPOs is only gathering pace, and there are numerous ways in which this big change affects the company, management and employees. Read more

 

Opinion | Protecting AI and ML IP is crucial to remaining competitive in booming domain. "Contrary to the common myth, in most leading countries including but not limited to the U.S., Europe (EPO), China, Korea and Japan, software-related inventions are patentable and enforceable," writes Ehud Hausman of Reinhold Cohn & Partners. Read more