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Israeli Founders From Elite Army Units are Creating Billion-Dollar Startups

  • Google's parent company Alphabet has agreed to acquire Israeli cybersecurity startup Wiz for $32 billion in an all-cash transaction, making it the largest exit in Israel's history.
  • Wiz, founded by former members of Israel's elite military intelligence programs, provides AI-powered cloud cybersecurity solutions and serves clients like Microsoft and Amazon.
  • The acquisition highlights the potential of Israeli startups to deliver substantial returns, boosting investor confidence in the region's entrepreneurial landscape.
  • The success of Wiz and other Israeli startups with military intelligence backgrounds showcases the talent pool and high-performing startup teams emerging from these elite army units.

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