No Apple angle here, just an amazing graphic courtesy of the Wall Street Journal ($).
From Phred Dvorak and Yasufumi Saito’s Silicon Valley Powered American Tech Dominance—Now It Has a Challenger:
A decade ago, nearly three-quarters of the world’s financing of innovative, tech-heavy startups and young companies took place in the U.S., with American investors plowing money into mostly U.S.-based venture firms.
Now, a surge of new money—mostly from China—has helped drive funding totals into the stratosphere and has transformed the venture landscape, according to an exclusive Wall Street Journal analysis of venture funding data…
That tidal wave of cash into promising young firms could herald a shift in who controls the world’s technological innovation and its economic fruits, from artificial intelligence to self-driving cars.
Below: a version you can click to enlarge.
My take: The elephant in the room—the last tech bubble—is not addressed in the accompanying article.
UPDATE: Where the money goes, per friend-of-the-blog Dave Emery’s request.
It’s a shame in my not so humble opinion.
Good point, PED. But to do that, it might be best to use a chart that shows the comparative segments layered rather than stacked. It’s pretty obvious to me that a big chunk of the “bubble” has been the emergence of the China segment. Pulling out the US data by layering would show some later blobs up and down in US VC, but no sign of an explosive bubble like happened in the .com meltdown.
Actually, as I look at this chart, it looks pretty, like some kind of weird rorschach test rotated around some middle horizontal axis, but it’s also pretty darned annoying, since it buries or makes difficult to access a bunch of information.
To the credit of theWSJ’s graphics department, they present the data from several different angles. I’d post more, but I’m dancing on the edge of fair use as it is.