BayBrazil & partner organizations GABA, SiliconFrench and TEC present:
2012 Global Projections – A panel discussion on the business & economic outlook of the U.S., EU & Emerging Markets
As we approach the end of 2011, economists around the world are on the alert for an imminent double-dip recession particularly in the U.S., the Eurozone countries and the UK.
Still, venture capital investment in the U.S. in Q2 increased 19% compared to the first quarter of 2011, representing the highest total increase in a single quarter since the second quarter of 2008, according to the National Venture Capital Association. In the third quarter, VCs invested $6.9 billion in American companies, up 30% compared to the same quarter in 2010.
Although dollars are still pouring into U.S. firms, consumer confidence plunged to the lowest level in more than two years as unemployment hits over 9% of Americans. As a result, entrepreneurs are facing faltering profits, increasing uncertainty about the short-term evolution of their business environment and a new set of challenges to navigate the ongoing crisis and to stay afloat.
Join us to discuss the international business climate and hear insights on what business leaders should expect in 2012.
- When can a rebound be expected?
- Which market segments will drive growth?
- Which technologies are more likely get funded? Which ones could be a bubble?
When: Dec 1st, 6:00pm – 9:00pm
Where: WilmerHale, 950 Page Mill Road, Palo Alto, CA 94304
Details & Pre-registration: http://baybrazil2012global.
Cost: $20 Members: $35 Non Members; $50 at the door
Moderator: Mike Swift, Internet Reporter, San Jose Mercury News
Cynthia Ringo, Managing Partner, DBL Investors
David Blumberg, Managing Partner, Blumberg Capital
Kenny Pate, VP Product Management, eBay
Scott Hartley, Mobile & Consumer Internet team, Mohr Davidow Ventures
Steve Bengston, Director, PwC