Author: David Rutman

WeWork: Or the Making and Breaking of a $47 Billion Unicorn The reviews are in. (Hulu Promo Pic) The new documentary movie about the true story behind the WeWork debacle is due out on April 2. Airing on Hulu, it deals with the six-week “death spiral” that brought down the company’s IPO. The filmmakers describe […]

Israeli Fintech Startup Capitolis Offers SaaS Platform The company just raised $90 million. Gil Mandelzis Capitolis CEO (YouTube) Capitolis, an Israeli Fintech firm, offers a software as a service (SaaS) platform that drives financial resource optimization for capital markets. The company just closed a $90 million Series C funding round led by Andreessen Horowitz (“a16z”), […]

ClimaCell Weather Intelligence Co Rebrands as Tomorrow.io And the company is going into space. Israel’s startup ClimaCell, which offers the world’s only weather intelligence platform, is changing its name from ClimaCell to Tomorrow.io. The company has also announced raising $77 million in a new funding round led by Stonecourt Capital and joined by Highline Capital. […]

Retail Trading ready for Fintech Distribution By Contributing Author Fintech startups are mushrooming globally, transforming the lending and retail banking sector.  Today, Fintech research shows more than 8000 Fintech startups with 10 percent venture in the capital market and the rest in retail trading.  The startups receive small amounts of funds (4 percent out of […]

Israel’s Applitools Acquired by Thoma Bravo for $300 Million Applitools boasts that it delivers a “Next Generation Test Automation Platform.” Appitools Founders Applitools, an Israeli firm which provides visual test automation software, has been acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector. While the price […]

Israeli Startup Offers Cloud Based Customer Knowledge Platforms The company just raised $52 million in new funding. Zoomin Software offers companies a platform through which they can organize all of their information into one place. This makes it easier for their customers to access all the pertinent information which they most need from tech manuals […]

Unusual Ways to Create Money in Your Golden Years Airbnb By Contributing Author You’ve made it—you’ve entered retirement, and now you’re set to enjoy your golden years. However, with the way the economy shifts and costs increase, you may find that your retirement savings simply aren’t enough to accommodate your plans. You don’t want to […]

Microsoft to Invest $1 Billion in Israel The company already has a low tax rate there. Microsoft CEO Satya Nadella Microsoft CEO Satya Nadella spoke with Israel’s Prime Minister Benjamin Netanyahu earlier this month about expanding its operations in the country, reported Globes. The company may spend as much as $1 to 1.5 billion in […]

Bill Ackman — Capitalism is the “Most Powerful Potential Source for Solving Society’s Problems” Sale of Pershing Square Tontine Holding delayed. Bill Ackman Facebook Billionaire investor Bill Ackman is fully on board with the philosophy that big business and capitalism in general can be vehicles for the improvement of societies. He is one who believes […]

Marijuana is Kosher for Passover – Rabbi Says But avoid the edibles. Is marijuana kosher for Passover? Well one rabbi says yes. And so would most rabbis, at least in the countries where pot is now legal. Why even ask the question, you might ask. Well many people are surprised to learn that whiskey and […]