Goldman Sachs just came out with a report on Tech VC trends – amongst the highlights, is (surprise, surprise!) the reduction in enterprise software investments, and increase in web/mobile and global (india/china) investments.
It makes me wonder if these two put together create a blind spot for VCs. Enterprise automation in developing countries like India and China is fairly nascent and fast growing, compared to a mature market like US. And global solutions dont always fit. We have seen interesting companies that are riding this localization need in emerging markets. Investors will need to take local calls on sectors that they want to play in.
Another interesting part of the report is that enterprise space may see a resurgence, especially in hardware area, on back of recent IPOs in that space.