| One of the most lucrative investment industries, | | | | apparently it has only just begun. China and India lead |
| venture capital, underwent a period of tremendous | | | | the way, and are still in the early stages of market |
| transition last year, and with that transition signaled | | | | development for both the economies and |
| passage into a new venture landscape. | | | | consumer-oriented services. |
| "The convergence of globalization, Web 2.0, media | | | | In the areas of technology, these emerging global |
| and innovations in IT and life sciences are further | | | | markets present tremendous opportunity and |
| indications that the venture capital industry is | | | | growth. The market potential, fast-growing |
| operating in a new environment" states a report | | | | economies and advantages in either cost of |
| issued by Ernst & Young that examines the rapidly | | | | technology make these global venture investment |
| occurring changes in this market, and the impact that | | | | opportunities extremely attractive to U.S. backed |
| these changes have had on investors. | | | | venture capital funding. |
| Global venture investments were the "hotbeds" for | | | | While much is being said about the opportunities that |
| venture capitalists last year, with China and India | | | | lie in these emerging global markets, venture |
| topping the list of global activity. The emerging | | | | capitalists must remain aware of the potential pitfalls. |
| markets there have created several waves of IPO's, | | | | Some of the most important and difficult challenges |
| venture-backed business startups, and planned | | | | that remain to be addressed are the regulations |
| investments by Intel, Cisco, and Microsoft. | | | | surrounding intellectual property, the lack of local |
| With the $4 billion in US funds that were invested in | | | | NASDAQ-like exchanges for exit strategies, and the |
| these markets last year, it would seem that global | | | | lack of a comprehensive venture capital law in many |
| venture capital has saturated the market, but | | | | of these developing and emerging markets. |