How Israel Became The Startup Nation Having The 3rd Most Companies On The Nasdaq

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About: iShares MSCI Israel Capped ETF (EIS), Includes: CHKP, ISRA, ITEQ, IZRL, TEVA
by: Steven M. Williams
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Steven M. Williams
ETF investing, portfolio strategy, macro
Summary

Israel is the startup hub, with thousands of startups even though it only has 9M people.

Israel was once an economic crisis, however by introducing free markets many Israelis who were in the military used their knowledge to start a startup.

Israel has the 3rd most companies listed on the Nasdaq, after the US and China.

Israel is a very new nation being founded in only 1948. They've also had many conflicts in their short history, both externally and internally. In the 1980s, Israel had very high inflation going up to