Not all investments in Israeli tech go bad. Triple bagger here: https://www.copyright link/brand/chanticleer/australians-who-backed-corephotonics-to-win-from-samsung-deal-20190109-h19vcr
A group of wealthy Australians who backed the technology investment fund run by Ben Weiss, iVentures Asia Ltd, are about to have a have a nice pay day thanks to Samsung's imminent purchase of Israeli optical zooming company Corephotonics.
Corephotonics, which is one of a number of Israeli companies in the iVentures portfolio, is being bought by Samsung for about $US160 million ($224 million), which is about three times the capital invested.
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