Venture Capital is becoming a global industry, with the majority of capital today (> 50%) being deployed outside the United States. What's interesting to look at is how the % of exits, liquidity and even OUTLIER, POWER-LAW success cases are now becoming more global as well. I gave a talk last week to the newest class of the Kauffman Fellows looking at the "Global State of Venture Capital" and how it has evolved over the last 25 years. I shared the amazing stats we have from our work with Endeavor Catalyst on global VC 💰 dollars deployed - from ~90% in the US in 2003 to ~40% in 2023 - and how hundreds of #Unicorns and even #IPOs are now coming from outside the US. But I also did a 🔥 "hot take" analysis of the 2024 Forbes MIDAS List, the annual ranking of the World's Top 100 Best Venture Capital Investors. When the list was published last week, my first take was that it was amazing to see Endeavor board members and hugely important personal mentors of mine like Reid Hoffman and Nicolas Szekasy on the list. It was also cool to see Endeavor Entrepreneurs turned VCs like Santi Subotovsky and Avi Eyal. But as I started to study it a bit more, something jumped out at me. There were a lot of international investors -- and a lot of international deals -- on this year's list. In fact, by my rough count, it seems that nearly 30% of the VCs listed are outside the US, and more than 30% of the "notable deals" are. See my quick analysis below. If you want a copy of the full presentation that I gave, hit me up in the comments and I will be happy to share!
Love this and would love to read the presentation!
Thank you for putting some numbers to trends many of us are “feeling” — would love to see the rest.
Super insightful take Allen! 🙌🏾 I’d love to read the presentation as well! 📊
Would love to read it, Allen.
Would like to see this if possible Allen Taylor
Hi Allen Taylor! Would love to read your insights about the global state of VC! 🤓
Thanks for sharing - Very interesting
Thanks for sharing Allen Taylor I want a copy! Big hug!
Congrats Allen Taylor!! I will love to read it!!! Tks!! 🤗
Investor at Endeavor/ Coach
1moGreat analysis. An added lens is the number of non Americans on the list (even though they may have US funds), bringing both a different lens to investing, with greater inclination to invest in non-US companies, and support their startup ecosystems (Eg. David Frankel who also started Endeavor South Africa as you know!)