Venture capitalists to pour more money into Asia, and green technologies
A survey of more than 200 venture capitalists about trends next year suggests two, somewhat unsurprising trends: Investments will boom in 1) China and India, and 2) clean-tech.
They survey, conducted by the National Venture Capital Association, found the following: 1) VCs are looking at buyout firms to purchase their portfolio companies; and 2) VCs believe fewer VC firms will operate in 2007. We note, however, that predictions of consolidation in the industry have been around a long time. With money still gushing into the sector, we’ll believe this last forecast only when we see it come true.
Here is the survey (downloads pdf file).
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
