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Tech Boom Floods Israel’s Silicon Valley With Cash, Exposing Divisions - The Wall Street Journal - Hoot n Holler
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Tech Boom Floods Israel’s Silicon Valley With Cash, Exposing Divisions – The Wall Street Journal

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TEL AVIV—Nir Zohar started at Wix.com in 2007 as office gopher. Today, he is chief operating officer at the Tel Aviv-based website designer, with a shareholding worth at least $56 million at current valuations.

The 43-year-old, who routinely wears shorts and a T-shirt to work, is one of a generation of Israelis who have become millionaires through the country’s red-hot technology industry, and who are transforming Tel Aviv.