When Private Equity Optimizes the Wrong Thing
When Private Equity Optimizes the Wrong Thing Over the past years, a troubling pattern has become increasingly visible in Israeli tech. Companies founded and grown in Israel, often on the back of exceptional ingenuity, speed, and informal problem solving, are acquired by private equity firms and then gradually or abruptly stripped of their Israeli core. Functions are relocated, investment is reduced, leadership is replaced, and the original teams are slowly starved or shut down. ...