venture capital

PE buys mature companies with debt. VC bets on startups for power-law returns. A clear breakdown of how each works, who runs them, and how to access them.

The United States attracts over $150 billion in venture capital annually — more than the rest of the world combined. China is a distant second. Israel is the world's highest VC-to-GDP ratio nation. Here's the full venture capital ranking — and why the geography of startup funding determines where tomorrow's industries are built.

The United States hosts roughly half of the world's unicorns on every major tracker, but the trackers disagree sharply on China, the UK and the global total. Here is what CB Insights, Hurun and Dealroom each count, and why.