MGIC to Invest in “New Google”

MGIC Plc is a new Israeli investment company that aims to find the “new google” by investing $100-300 thousand in Web 2.0 startups that are 6 - 9 months away from generating revenue. The founders include the founder of JDATE, Alon Carmel, the former British Ambassador to Israel Sir Andrew Burns, and Amir Raveh [...]