Looks at the various international expansion models for venture capital firms in Silicon Valley. Lightspeed Venture Partners believed that India has a huge potential for the return of venture capital - the question is how best to use this potential at the same time a growing presence in the U.S., Israel and China. Venture company recently hired partners in Israel and China, and later opened offices in both countries. The firm is considering hiring a third international partner in India, and possibly open a third foreign office. This model seemed to be working in two other countries, but other companies were U.S. companies in India in a more aggressive manner. Some venture capital firms purchase local firms and to raise funds for special funds of India. Others hire a team of two or three local investors at one time. Lightspeed partners asked which was the best long-term solution for the firm. "Hide
by Krishna G. Palepu Source: Harvard Business School 24 pages. Publication Date: August 8, 2007. Prod. #: 108010-PDF-ENG