Israel has more than 3x more unicorns than we in Germany that tells one thing or two...
Israel has more than 3x more unicorns than we in Germany that tells one thing or two...
For example, if you look at foreign direct investment, the Netherlands lead the pack in 2017 with $4.888 trillion invested by residents of other countries. [1] Yet apparently there's only one Dutch unicorn (team.blue). Evidently there's a lot of investment going to other companies instead of betting on a single unicorn.
[1] https://www.cia.gov/library/publications/the-world-factbook/...
Put it in another way: their success is due military application of technology
Besides: what does counting unicorns proves?
Is Israel GDP per capita higher than Germany?
Is Israel richer than Germany?
Europe values other metrics more than simply pure market valuation
For example WhatsApp only employed 50 engineers when already had 900 million users
In Germany, and Europe in general, we prefer businesses that increase the general population employment than pure profit margins
EDIT:
a few resources about military industrial complex in Israel
https://medium.com/@davidsperorn/a-match-made-in-hell-israel...
https://www.tni.org/es/node/13511
https://www.jstor.org/stable/174246
https://www.tandfonline.com/doi/abs/10.1080/0140239830843716...
- Uber, whose only innovation is price dumping using infinite investor cache on losing billions of dollars yearly
- Facebook, whose only innovation is creating festering echo chambers, siphoning private data wholesale and dodging laws
- JUUL, whose only innovation is selling electronic cigarettes
- Coinbase, whose only innovation is to be a middleman in bitcoin scams
- Magic Leap, whose only innovation is siphoning off investors' money and finally producing a subpar gadget
- Pinterest whose only innovation is spam Google search results with stolen pictures
etc.
There are very few actual innovators among these "unicorns".