In late september 110 entrepre-neurs and venture capitalists from 17 cities flew in for Jerusalem Venture Partners' annual meeting, at the Cafe Gray overlooking Manhattan's Central/Park. Businesspeople from Amsterdam, Milan and Singapore sat across from folks from Tel Aviv, Tokyo and Zurich as they sipped coffee and listened to a lecture about the perils and opportunities of China's tech markets. Between presentations JVP founder Erel Margalit darted from table to table shaking hands, bowing and kissing cheeks, interrupting conversations held in Chinese, Hebrew and heavily accented English. Such is the life of the modern venture capitalist. It used to be more parochial: enterprises in Silicon Valley or Boston launched with hometown money and nearby employees. After five years or so someone would think about sending a sales guy to London or Tokyo.
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