Can The Next Alibaba Come From Israel?

On September 19th, The Chinese e-commerce Giant Alibaba, made it’s debut on the New York Stock Exchange ending its first day as a public company valued at over $231 billion, getting at some point to $100M a share. This a higher market value than Facebook or Amazon and eBay combined and the biggest IPO in US history, done by a company that operates primarily in the People’s Republic of China. While share price went down a bit to about $90 a share, it’s still an enormous success story that is considered Jerry Young’s most lucrative bet in Silicon Valley’s history.