Davis Polk partner Lee Hochbaum was quoted in Legal Business on the tech industry in Israel. “In 2022, economic uncertainty and rising interest rates have contributed to a significant slowdown in the global capital markets, with the technology industry among the most heavily impacted,” Lee said. “However, given the track record of recent Israeli companies and the surplus of human capital, Israeli companies seem well positioned to capitalise when the markets reopen.”

Lee continued, “Israeli companies benefited from the extremely active global capital markets in 2021, with technology companies in particular attracting significant foreign investment capital and a number of Israeli companies — including ad-tech platform Taboola — taking the opportunity to list in the US, often via SPAC business combinations.”

“Israel’s unicorn success story boosts optimism,” Legal Business (August 26, 2022)

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