Home > News > India will emerge as a great opportunity: Steve Jurvetson
December 30th, 2007
India will emerge as a great opportunity: Steve Jurvetson
Abstract:
Since Hotmail and other Internet investments, Jurvetson's consuming passion has been nanotechnology—a science that deals with matter at an extremely small scale—and at the turn of the century, he convinced his partners that nanotech was a space worth looking into seriously. That has translated into 15-20% of DFJ's global investments being in the nanotech area.
For DFJ, being an early champion of nanotech as an emerging opportunity falls in line with the firm's track record for spotting disruptive technologies early on.
Its earlier successful bets, apart from Hotmail, include Baidu.com Inc. and Skype Inc., later acquired by eBay Inc.
Overall, it has backed some 300 companies, has over $5.5 billion (Rs21,670 crore) in capital commitments and is the most globally diversified Silicon Valley venture capital fund—it has offices in 33 cities across the world.
Source:
livemint.com
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