For years, the United States and Asia have been the hotbeds for venture capital, but a recent trend has began to develop with companies shifting their eyes and their money to Western Europe. Startups in Berlin, Stockholm, London and Paris, just to name a few, are drawing lots of attention and big bucks from investors with a bent towards technology. As with all fledgling markets, it is the affordability of startups in Western Europe in comparison to the United States and Asia. So far, through the first three quarters of this year, VC’s have dumped $10 billion into the European markets, and six times that amount has been boomed into the U.S. market at the same time.
And, while James Dondero has an obvious penchant for making smart, high yielding investments, he also invests in education, the families of military reservists, treatment and research of diabetes and heart disease, and public policy. James Dondero is not only a frontier business man, but also one who seeks to use his influence and resources to improve both the local and global communities. One can only guess the amazing things that are on the horizon for Western Europe with its new found status as a hub for technological innovation, but with Jim in the midst of it all, you can guarantee that great success is sure to follow.