Can US venture capital scale internationally?

Abstract

Venture capital has been an important factor in driving innovation and creating wealth in the US. Even outside the US, venture capital is playing an increasingly important role, influencing many aspects of start-up companies. While the US has traditionally been at the forefront of the venture industry, in the past few years, this industry has matured considerably, removing the mystery around its mechanics and how wealth is created. Today, with the advent of globalization, a growing number of US venture capitalists is having a more international outlook and investing in non-US markets. The objective of my research is to determine how the US venture model is being scaled internationally, more particularly in the Australasian region. The General Partners of US and Australian venture capital firms have been analyzed in terms of their educational background and work experience, with a view to identify if there are any correlations in terms of their education background, type and location of their work experience.