Every day, Jason Calacanis and Molly Wood cover startups, technology, markets, media, crypto, and the all the hottest topics in business and tech. They also interview the world’s greatest founders, operators, investors and innovators.
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E446: Why Godfather of Israeli tech Yossi Vardi passed on Waze
Israel is exploding with startups and an entrepreneurial culture. Why? It's the Jewish mother, Yossi Vardi told Jason when they sat down at the Code Conference. And it's not about religion, but rather the guilt that pushes young people to meet their parents' sky-high expectations. Vardi backed ICQ, which was the largest internet acquisition to date when AOL bought it 1998 for over $400m. Plus, his "spray-and-pray" investment philosophy and why he passed on Waze.