Globalisation has effectively implemented the geographical spread of manufacturing industry, but has not done so much for the geographical spread of the VC industry. 80% of all VC deals go to 6 countries: the US, UK, China, India, Germany, and Canada, says CBInsights. Another 16% go to more established start-up countries such as Brazil, France, ...
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from Electronics Weekly https://www.electronicsweekly.com/blogs/mannerisms/start-ups/geographically-narrow-focus-vcs-2017-08/
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