Venture capitalist Jim Breyer has seen a global change over the past decade in the entrepreneurs seeking financial backing and the investors willing to risk money to develop their ideas.
In 2000, Breyer and all the other investing partners in the venture capital firm Accel Partners were "100 percent" based in the United States.
"Today 33 percent of our investing partners are based in the United States," he said."We have seven partners in China, we have four in India, we have four in London, with the rest of the investing partners based in Palo Alto, Calif.," where the firm is headquartered.
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Author: EDITH M. LEDERER