Can Tel Aviv Lure Israeli Companies Home for IPOs

Yossi Beinart, CEO of the Tel Aviv Stock Exchange, wants to have more Isrraeli tech IPOs come to the eexchange.  At a recent meeting of Israeli biotech, IT and medical device developers he wore a suit to distinguish himself. He told the crowrd if they ever wanted an IPO to remember the guy in the suit.

Trading volumbe on the Tel Aviv Stock Exchange has declined 40 per cent in the past four years and IPOs went from 17 in 2010 to 4 this year.

While Israel has more startups per capita than any other country except the US, Entrepreneurs can make more money on a US IPO, but there are many small Israei companies that are too small and get gobbled up by Google  and Intel instead of going public.  Beinart wants to change this.  In the next few months he expects the Knesset to pass legislation that will make it easier for companies to list on the Israeli Exchange.  Israel StartUps Do IPOs at Home?

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