Israeli exit benefits charities

The recent exit of Israel’s MyHeritage for $600 million, benefited Israeli youth charities. MyHeritage donated share options in 2013 to the nonprofit Tmura (reported here previously) which distributes the proceeds. 718 Israel startups have donated options to Tmura since 2002 – 62 new ones in 2020.

https://www.timesofisrael.com/how-israeli-tech-shares-some-of-its-wealth-by-donating-options/

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