China Walloping India

Where have I been all day? Looking through VC numbers. Here are a few segments I did for Tech Ticker on yesterday's mixed news about U.S. venture capital in China, and below a piece on today's news about U.S. venture capital in India.

Both regions became the new black a few years ago and billions were invested, offices were opened, partners were relocated. And most VCs I talk to regret it, but at the same time don't feel like India and China are markets they can afford to ignore. I don't think this gets covered enough here, given it'll heavily influence at least the next 10-year venture capital cycle, which you can't divorce from the health of the Valley as a whole. We're in the midst of a huge change in this asset class in a lot of directions and local to global is one of the most pronounced that could make or break firms. It's important enough I plan to visit both India and China in the next year (hopefully!) to check out the startup scene first hand. Enough extrapolating from data!

But for now, back to the data...This quarter we saw some retrenching and refocusing in a pretty major way. Watch the videos for the details. Spoiler alert: China is waaaaay hotter than India. That was a surprise to me because I hear more hand wringing about China anecdotally.