68% of the startups in Israel began to take active, financial and legal measures, following the coup d'état

A survey conducted by the Startup Nation Central organization found that approximately 68% of the startups in Israel began to take active, financial and legal measures, following the coup d'état. Among the steps: spending cash balances, changing the company's place of registration (taking it out of Israel), and relocation of employees. For the workers,

this is a refuge from the chaos going on in Israel, but for the Israeli high-tech market it is a death blow.
The survey illustrates that the damage of the coup is already well expressed in Israeli high-tech. According to the survey, 22% of the companies report that they have withdrawn cash balances from Israel and 37% of the investors indicate that their portfolio companies have withdrawn some of the cash balances abroad. 8% of the companies report that they have already started changing the place of company registration, and 29% intend to do so in the near future. 20% of the investors indicate that companies in their portfolio have started changing the place of company registration and 69% of the investors indicated that And theirs intend to do so. 67% of investors are already involved in investments or are considering investing in foreign companies - investments outside of Israel are gaining more and more weight in the strategy of investors.