Most venture capital investment today is in software, as much as 90%, so AI and cybersecurity will be well funded. In Silicon Valley culture, "Sand Hill Road" is used as a metonym for the venture capital industry, as many prominent venture capital firms have offices along the road. Innovation Funding Is Increasingly Shorter-Term FocusedMost innovation capital today has a shorter investment horizon and, consequently, the composition of investments has increasingly shifted towards software. Government R&D is at the lowest level relative to GDP in a half century and represents about 20% of national innovation funding. Venture capital is a relatively new source of national innovation funding having increased 10 times in the past 20 years.

Source: Forbes November 17, 2024 18:22 UTC