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Why utilities need to be back in public hands

Start Up Blog

AUGUST 23, 2018

These are industries where the most efficient way to serve a market is with a single operator or system. And while it would be dangerous to have infrastructure businesses that are privately owned not to having any competition, if they’re publicly owned, and regulated we can remove problems associated with monopoly operators.

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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

MARCH 20, 2011

Founded in 2007 by Ron Makavy, Micha Berdichevsky, and Barak Naveh, Snaptu raised a total of $9 million in three rounds: $3 million from Carmel Ventures, $5 million a year ago (March 2010) from Sequoia and $1 million from private investors, including Spotlab, an angel fund operated by former Israeli MP Neomi Blumental.

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