The United States has dominated the arena of technology startups since the beginning. There are a bevy of reasons for this, but chief among them is the venture capital infrastructure that has existed in the United States for decades. Across the rest of the world, venture capital simply didn’t exist as a major vehicle for investment.
But that is changing quickly. Consider that in 2005, startups in the United States garnered 94% of the world’s deployed venture capital. Just a decade later, however, the U.S. share has decreased to 59%.
