Coming bust in venture capital: S'pore may be worst hit

Irrational exuberance explains the boom in venture capital financing and may also explain its bust.

On the surface, global venture capital (VC) is doing great.

VC financings in China, the United States, Singapore and the world reached record levels last year, with Singapore’s VC investments 30 times higher in that year than in 2012.

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A version of this article appeared in the print edition of The Straits Times on April 04, 2019, with the headline 'Coming bust in venture capital: S'pore may be worst hit'. Print Edition | Subscribe