Here’s a provocative, beautifully written excerpt from the new book, Startup Nation:
How does Israel—with fewer people than the state of New Jersey, no natural resources, and hostile nations all around—produce more tech companies listed on the NASDAQ than all of Europe, Japan, South Korea, India, and China combined? How does Israel attract, per person, 30 times as much venture capital as Europe and more than twice the flow to American companies? How does it produce, for its size, the most cutting-edge technology startups in the world?
There are many components to the answer, but one of the most central and surprising is the Israeli military’s role in breaking down hierarchies and—serendipitously—becoming a boot camp for new tech entrepreneurs.
Read the whole thing, but take the thesis with a grain of salt; diaspora Jews seem to do just fine in the high-tech start-up arena as well…