Wednesday, July 13, 2005

VCs hanker for hunk of China, India

Many venture capital firms in the U.S. expect to expand their investments in China and India over the next five years, according to a survey released Wednesday.

The United States will remain the country that captures the most domestic venture capital dollars in the next five years, according to the survey by Deloitte & Touche and the National Venture Capital Association. However, China and India are high areas of interest. Venture capitalists view those regions as ripe for investment, given the high level of IT knowledge there.



Full article here