The success of companies such as Microsoft, Intel, Yahoo! and Amazon is well recognised worldwide. The availability of venture capital, an investment model initially developed in the US and now exported worldwide, contributed significantly to the ultimate success of these businesses. What lessons does this offer for developing markets?
Palo Alto is the birthplace of technology and their financiers. Venture capital funds provide an essential link between the providers of seed capital, and other early round financings, and the mirage of the IPO.
