How To Grow A Venture Capital Ecosystem

Money knows no boundaries, the saying goes. Apparently, no one bothered to tell venture capital. Despite the fact that money can theoretically go almost anywhere in the world, venture capital to fuel growing companies is still strongly correlated to geography. And most regions have little to none.

Why should that be so? Why are free markets not so free? And what are the lessons for new regions trying to create their own venture capital?

Victor W. Hwang

Full Story: http://www.forbes.com/sites/victorhwang/2013/08/27/how-to-grow-a-venture-capital-ecosystem/?goback=.gde_3665615_member_269003107#!