“Look, for instance, at OurCrowd, launched 2½ years ago. The firm has funded 80 technology companies, mostly in Israel, with $170 million from approximately 1,500 investors putting up as little as $10,000 apiece, says chief executive Jon Medved. With startups staying private much longer than they used to, ‘you gotta play here,’ rather than in the public markets, he says.

The firm is seeking to generate ‘double-digit’ annual returns, says Mr. Medved. One of its portfolio companies, ReWalk Robotics Ltd., went public last year.”