Wednesday, June 04, 2008

Reuters: More U.S. venture capital firms investing abroad

"Taiwan, Japan and Israel are just some of the emerging hotspots for innovation outside the United States, as venture capitalists continue to pour more dollars into global investments, a new survey said on Monday.
Nearly three out of every five of U.S. venture capitalists, or 57 percent, are now investing outside the country, compared with 46 percent last year, the 2008 Global Venture Capital Survey found.
The survey measured the opinions of nearly 400 venture capitalists from around the world, including 163 U.S.-based firms, and was conducted by Deloitte LLP and the National Venture Capital Association, a U.S. trade group."

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