Successful startups have much to be thankful for, be it venture capital investment, multi-national corporate acquisitions, global intellectual property offerings. Billions of cash is burnt for the benefit of stakeholders, but what about giving back? Chai - Life - in Hebrew, is characterized by the numerical letters 10 + 8 = Chet + Yud. So now, Israeli tech entrepreneurs are setting aside 1.8% of shares for social causes. The 1point8 initiative has been adopted by the likes of Amnon Shashua, Gigi Levy-Weiss, and Elie Wurtman. Think Waze, acquired by Google, Lemonade, SimilarWeb - Startup Nation = Charitable Nation -
https://www.calcalistech.com/ctech/articles/0,7340,L-3928252,00.html