American venture capitalists lack confidence in U.S. government

Alan Alexander^[1]

Reporter- Birmingham Business Journal

This email address is being protected from spambots. You need JavaScript enabled to view it.^[2]

American venture capitalists are wary of the U.S. government's ability to enact policies that support growth for venture capital firms, private equity and growth equity investment in the coming years, according to a recent survey from Deloitte and the National Venture Capital Association.

The tenth annual survey gauged the confidence levels of more than 300 venture capital firms from around the world, and the confidence among U.S.-based investors in their own government dropped from 2.17 points in 2013 to 2.05 for this year.

However the U.S. remained as the best country to invest in globally, rating 4.03 and trailed by Israel with 3.71 and Canada with 3.48. A score of 5 is considered a perfect rating.

Venture capitalists also responded that they are most interested investing in cloud computing and mobile devices, while U.S. VCs are less interested in energy/clean technologies and semiconductors.

Alan Alexander covers health care, technology and education for the Birmingham Business Journal. Click here to follow him on Twitter.^[3]