Sunday, April 19, 2015

The Big Assist: Can Israel Help Reframe The Narrative About The Future Of Driving?

If you get the opportunity to visit Israel anytime soon, and your objective is to get a read on the rapidly expanding technology sector, there is no doubt that at some point in your journey you are going to hear about -- or run into -- the people at Mobileye (NYSE: MBLY). In 2014, it enjoyed the biggest IPO in Israeli history, raising about $1B at a market capitalization of $5.3B (last time I checked, the market cap was close 10B). That might modest here, in Silicon Valley. But in Israel, the impact is huge. And not just in terms in dollars. They are an inspiration to many start-ups in Start-up Nation who until last year could only imagine smaller exits. But it’s also about the tech: Mobileye has developed a unique set of technologies that assist drivers by warning them of potential collisions and recommending moves to mitigate risk.

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