What needs to be in place to increase investment in Latin America now?
Stable governments are certainly important, as is a stable currency. I think we have seen that very solid trade agreements have arisen between the United States and many Latin American countries and that will only help this process more. I think certainly some of the countries have had their issues but particularly when you look at Chile, Argentina, Brazil, Mexico—there’s a lot of interest! I don’t frankly think there’s as much interest in Colombia because some are still concerned with the drug influence there. In Venezuela the government has been a little unstable, but I’ve still not heard of anyone shying away—the oil revenues there are also important! What in your opinion are the true, lasting benefits of venture capital on economic development? Venture capital creates high quality jobs that are not just high quality but are also for people who believe that everything is possible. These are not only good professionals, but they also have an entrepreneurial spirit, so they’re not goi
