Wave of IPOs creates new Israeli tech tycoons
One of the early investors in Monday.com was Wix.com Ltd. (Nasdaq: WIX) CEO Avishai Abrahami. He invested privately back in 2012 and now finds himself with shares worth $294 million. Abrahami continues to hold Wix shares worth $492 million.
Another private investor in monday.com is Entrée Capital cofounder and managing partner Aviad Eyal who holds shares worth $140 million, while Entrée Capital itself has shares worth $910 million. As far as is known, Entrée Capital and Eyal together invested just $13 million in monday.com, and have earned astonishing returns on their investment.Read Article