Put simply, the Global Financial Crisis produced some of the best Venture Capital vintage years in modern history. A great deal of this value accrued to those GPs and LPs who deployed capital during the crisis’ nadir.

In the Entrepreneurial Age, it takes focus and clear strategic positioning for certain countries such as the US, China, Israel[300] and Estonia[301] to prosper in an economy driven by the multitude. Meanwhile other countries are still competing in a lesser league because they remain trapped in their focus on legacy industries such as tourism and ag

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