Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems

Quick Summary:

Venture capital has become a more global industry as the tech sector slowly decentralizes.

There’s also the fact that in Latin America, Southeast Asia and the Middle East, local capital has developed over time, with local founders becoming funders — from Careem and Checkout.com to Mercardo Libre and Loft.

So what I say is we’re patient, we’re trying to build the ecosystem locally, and we can also attract people globally who may be more nervous about emerging markets.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Tage Kene-Okafor

Category: Technology

Markets: United StatesBrazilChinaEgyptGreeceIndiaIndonesiaIsraelSouth KoreaMexicoNigerNigeriaSaudi ArabiaSingaporeSpainTaiwanVietnam

Topics: Endeavor Endeavor Catalyst Venture Startups Endeavor Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 13:34:30 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 2500 words

Reading Time: 14 minutes read

Sentences: 129 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21773143

View Article Analysis

About TechCrunch

Main Topics: Technology

Official Website: techcrunch.com

Update Frequency: 17 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #20

Publisher Details

Frequently Asked Questions