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In the weeks that preceded Google’s $1.15 billion purchase of the Israeli map app Waze in 2013, there was a constant stream of leaks about the deal, and about a bidding war between Google, Facebook, and Apple.

The sale was a milestone for Israel’s young but huge startup community: The first Israeli consumer-app company to be bought for over $1 billion. In an instant, the whole “Startup Nation” decided to quit aiming for fast exits and build billion-dollar companies instead….read more.