Survey: Venture capital firms look outside U.S.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/06/10/BUKK183OLV.DTL&type=tech

Survey Results from 725 VCs around the world

1. Only 17 percent of venture capitalists expect to increase their investments in the United States over the next three years.

2. The biggest beneficiary of this trend is Asia, followed by India, South America, Europe and the United Kingdom.

3. While the U.S. economy is shrinking, the economies of China and India are still growing, although more slowly, so startups that sell to those markets can still thrive

4. Clean technology is expected to become the leading area for investment, followed by medical devices, new media and social networks, consumer business, biopharma and software.

5. The venture industry will be forced to contract to the way it was before the dot-com bubble, with one- or two-person firms raising smaller funds and investing in a few niche sectors.

Seems like exciting times ahead for the position I'm currently in :)