Why Venture Capitalists Are Investing in International Startups
David Teten
APRIL 30, 2018
According to the NVCA 2017 Yearbook , in 2004, 77% of global VC fundraising went to US VCs, and 85% of global VC dollars went to US startups. Typically engineering, QA, and support are offshore, while CEO, sales, and marketing are in the US. As a result, the Canadian government created the Canadian Technology Accelerator Initiative.
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