Over the last decade, we have seen the “Startup Nation” story become a main Israeli narrative, worldwide. The world’s opinion of Israel is that we are remarkably innovative and expeditious in problem solving and delivery. However, to date, we have not been overly successful in building many substantial internet businesses. Excluding a few outliers, the numbers tell an interesting story about Israeli exits — they stayed constant over the last decade, at around 100 per annum. Even though the exit value doubled over that time, it is still under USD80mn. What does it say about us, in the startup arena?