The Future of Venture Capitalists: A Discussion with Sebastian Mallaby
New Books in Economics
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Venture Capital: The Future of the Economy
We're in a, you know, what they call a cyclical correction. In 2021 and 2022, enormous, enormous amounts of money went into venture capital. And then that was corrected. So we've come off the big peak, but the secular trend is definitely that more money is being raised by venture capital. It's spreading geographically. You know, China was one example, we talked about Israel, Europe, Southeast Asia, India, even Latin America. I've been contacted by venture capital outfits in West Africa, who have read my book and are trying to do the same thing in Nigeria. So yeah, it's really going global.
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