With all the talk of globalization and the rise of capitalism in emerging parts of the world, here's a report that says the U.S. is still the place to be if you're going to be an entrepreneur. At least that's according to venture capitalists in this article from Reuters and Inc. Magazine:
Although venture capitalists continue to expand globally, they say the U.S. remains the most attractive investment market, according to a study by Deloitte & Touche and the National Venture Capital Association.
"From a venture capital viewpoint, the perceptions of a brain drain from the United States to China and India are simply not true," Mark Jensen, national managing partner of Deloitte's Venture Capital Services, said in a statement. "The majority of VCs surveyed worldwide, including those based in the United States, still believe the United States is the best bet for entrepreneurial success."
Click on the link above if you want the complete report. It's interesting, considering that foreign investment by venture capitalists in China and other emerging economies has skyrocketed.
Even if you're in sales working for a company, you're still using all the tools an entrepreneur would use. Entrepreneurs are the lifeblood of the U.S. economy, and I'm glad to see venture capitalists recognize the stability and value in good 'ol American entrepreneurship.
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