Businessmarkets
Wiz Co-Founder Assaf Rappaport Bids for McDonald's Israel Franchise
Assaf Rappaport, the prominent co-founder of cybersecurity unicorn Wiz, has emerged as one of the bidders seeking to acquire the Israeli franchise of McDonald's. The sale process comes after McDonald's Corporation agreed to buy back its local restaurants following regional consumer boycotts. Rappaport's potential entry into the fast-food retail sector marks a notable departure from his core expertise in cloud security and software enterprise. Industry observers are closely tracking whether tech entrepreneurs can successfully manage large-scale brick-and-mortar retail operations in volatile markets.