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Managing Director 2080.ventuers Arabia | Senior Advisory Member, Co-Founder, Co-Chairman

Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems Venture capital has become a more global industry as the tech sector slowly decentralizes. In 2022, more than 50% of VC deployed globally was invested in startups outside the U.S., according to data available from the National Science Foundation (NSF) -- a stark contrast to 20 years ago, when nearly 80% of the world’s venture capital went into U.S. companies. Countries like China, India, Israel and the U.K. have led the charge in this shift, but smaller ecosystems across Europe, Latin America, Southeast Asia, the Middle East and Africa are also paying a part. Today, some 26% of the world's unicorns are in these markets, according to a report by Endeavor Global, the organization that works with founders to build companies around the world with economic or social impact. Endeavor has worked with more than 1,500 companies across 40+ countries to date. https://lnkd.in/dAHth6Tp By Tage Kene-Okafor

Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems

Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems

news.yahoo.com

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