Yusuke Asakura: Venture Capitalists and Ilicon Valley

yusuke asakura: Money raised for ventures in Japan reached a record 276 billion yen 2.5 billion last year, according to Brandon Sun. That's up from about 50 billion yen 450 million annually after the financial crisis, according to Japan Venture Research Co. Major banks and venture capitalists are keen to tap into faster growth by investing in innovative entrepreneurs, when they can find them. OPEN FIELDSSilicon Valley still raises 50 times more cash for startups than Japan, but the number of U.S. startups chasing that cash is higher. That helps startups to survive, says Yusuke Asakura, who heads a Tokyo-based angel network of entrepreneurs. So there's relatively more money to go around in Japan, where young, daring risk-takers are still relatively scarce. (www.immigrantscanada.com). As reported in the news.