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If the technology is so exciting, why havent major venture firms in the US invested yet?

April 26, 2017exciting firms invested Technology venture

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If the technology is so exciting, why havent major venture firms in the US invested yet?

1 Answer

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10 Posted

• The charter of the most of VCs we have contacted in the past was limited to investing in Information Technology sector only. Since internal combustion engine is a very mature business, most venture capitals lack in expertise in investing in this sector.