Sixty-two percent of venture capital executives expect there to be fewer venture capital firms worldwide by 2015, with U.S. respondents the most pessimistic — 92% of them expect the number of firms to shrink, according to the 2010 Global Venture Capital Survey by Deloitte and the National Venture Capital Association.
In France, 83% of respondents; in Israel, 80%; and in the U.K., 70% expect fewer venture capital firms to be in their countries by 2015. By contrast, 99% of respondents in China, 97% in Brazil and 85% in India expect the number of venture capital firms in their countries to increase.
Venture capital executives in developed countries anticipate less investor interest in venture capital. Fifty-six percent of respondents in the U.S., 89% in France, 61% in the U.K., 44% in Germany and 50% in Israel expect lower levels of interest in the asset class from limited partners. However, venture capital executives in two emerging countries expect the opposite, with 97% in Brazil and 85% in India expecting increasing investor interest.
More than 500 venture capital executives were surveyed worldwide in March and April.