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In some Unicorns, the company was co-founded by Israelis but the centre of operation is US (like in the case of Coursera), so curators have to apply their own judgement on whether the startup is considered Israeli or not. High Tech represents 15% of Israel’s GDP (Source: Israel’s Innovation Authority ).
Practically speaking this doesn’t mean that all of the shares owned by founders, investors, employees (RSUs), or others will be available to trade immediately as they will need to be converted and registered for public trading. But it does mean that traditional 180 day lock-upperiods won’t generally apply to existing Slack shareholders.
Practically speaking this doesn’t mean that all of the shares owned by founders, investors, employees (RSUs), or others will be available to trade immediately as they will need to be converted and registered for public trading. But it does mean that traditional 180 day lock-upperiods won’t generally apply to existing Slack shareholders.
The result is more startups, more money and firms to fund it, and an increasing belief that access to technology-related equity (either as a founder, employee, or investor) must become increasingly democratized or rebalanced as a result of the compounding effects at scale we are now witnessing. 3/ The Streaming Media Effect.
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