[alfl]

Globalization of VC is great for America, American investment firms, and startups in other countries. America gets a slice of the best, worldwide, and it helps companies that are often fighting uphill in their local markets.

As a founder who has raised in Canada and is now raising in America: the cultural difference is night and day. America has significant advantages in willingness to take risk and the amount of capital to deploy. I have data showing, population adjusted, dollars per time, that American VC outclasses Canadian VC by at least two orders of magnitude. Likely much more.

An anecdote from a friend I was discussing this with:

"A former partner of mine was turned down by [every Canadian firm he went to.]

Went to the US for a weekend and came home with US$10M.

4 years later, that company is valued at US$35B"

It is an amazing experience talking to people who understand technology, understand risk taking, and put their money where their mouth is.

I'm bullish on American's performance in a globalized VC market.

[sdesol]

I'm raising in Canada. Can you share some of what you have seen? My info is in my bio. Thanks.