Go East, young entrepreneur! The chance to become rich and famous with a startup is no longer just an American dream. It’s happening in Asia too, as talent, energy and resources flow from the U.S. to the east.
Venture capital investment in Asia has nearly tripled in the past five years to $15.6 billion. China has leaped ahead to become the world’s second-largest venture market at $7.6 billion investments, while India has climbed to third place at $5.8 billion.
Together, these dragon and tiger markets account for 13 percent of the $37.8 billion put into startups globally. That’s up from 5 percent in 2005.
To read the full, original article click on this link: Can Asia out-innovate America? | VentureBeat
