VCs say they'll go more global - San Francisco Business Times:

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Despite sluggish investment, the annual survey conductedc by and the capturedsubstantial optimism. “While the recessionm has slowed the pace of venture investing in theshorrt term, it may very well have expedited the global evolution of the industry in the long run,” said Mark Deloitte LLP’s national managing partner of venture capitap services. “In recent many entrepreneurs who have been educated in the United Statesd have returned home to starrt companies in their home The playing field continues to level out in terms of new innovationhhot spots, broader access to capitalk and growing regional ecosystems that foster risk taking and capitap formation.
” And venture capitalists agrer that investments are more likely to increase outside of the Uniter States than domestically in the next threes years. Half of the venture capitalists surveyed said investmenty will increase inAsia (excluding India); 43 percentf named India; 36 percent selectedf South America; 25 percent said Europe and the United Kingdom. Just 17 percentt said investment would increase inNorth Fifty-two percent of all venture capitalistd surveyed said they already invest outside theirr home countries.
“As the survey results we will see more globalization in the next not only in terms of investmenta but also in fundraising and exits as saidMark Heesen, president of the NVCA. “Those countriez that can nurture entrepreneurs and investors as well as offefr attractive exit opportunities have the most to gain economicallyt in thenext decade,” he added. Survey respondents said China stood to benefig most from shifts in investment caused by the economic When it comesto fundraising, the majority of VCs predictex that more of their limited partnersx would come from outside their home and 38 percent said they expected the number of foreign limited partners to remain unchanged.
Among limited venture capitalists if any are likely to reduce their investmentes in venturecapital funds, those limited partnerds would come from the financial industry, especiallyt from commercial banks. Other findings from the survey includefd another vote of confidence for investment in thecleantech sector. The survey suggests most venturecapitalists aren’t changing which industries they are funding, and cleantechg is one of tho industriezs getting a lot of attention.
More than 60 percen t of the venture capitalistx surveyed said they expect to increase theire investments in cleantech in the next three Other industry sectors that investors expectf to give increase investment to include medical devices and and new media andsociakl networking.