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Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems
The markets Endeavor is most excited about in the next couple of years are Nigeria, Egypt and Vietnam, according to CEO Linda Rottenberg.
In 2022, more than 50% of VC deployed globally was invested in startups outside the U.S., according to data available from the National Science Foundation (NSF) — a stark contrast to 20 years ago, when nearly 80% of the world’s venture capital went into U.S. companies. Countries like China, India, Israel and the U.K. have led the charge in this shift, but smaller ecosystems across Europe, Latin America, Southeast Asia, the Middle East and Africa are also paying a part. In a recent conversation with TechCrunch, Rottenberg discussed how local investors can step up their game, why patient and long-term capital needs to be prioritized in emerging ecosystems, and the role of Endeavor and its co-investment arm in between.
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