Earlier this year, Francisco Dao published an article in Pando Daily titled ‘Immobile Capital: The Unspoken Secret of Silicon Valley’s Success‘. In it, he contrasts the Silicon Valley venture capital and investment bubble with the increasing globalisation of most every other industry.

Dao makes the case that investing globally is just as important as selling, expanding and connecting globally. He asks the question, “If capital is mobile and favours investors, shouldn’t that mean VCs would be investing overseas?”

The article goes on to claim venture capital’s “geographically local” approach has at times caused lacklustre growth and funding for businesses outside Silicon Valley. Dao points to “…multi-exit entrepreneurs who are having trouble raising money simply because they moved away from Northern California.”

But the bubble appears to be bursting – or at the very least expanding – as VC heavyweights like Dave McClure and Paul Bragiel are now traveling the globe in search of the best investments worldwide.

So while this may lead to a slight downswing in Silicon Valley funding, it’s hard not to see the writing on the wall that, as Dao says, “…venture capital won’t be immobile for very much longer.”

We see this happening already with the ubiquity of technology around the world, so it’s no surprise it’s happening in business as innovative ideas can happen anytime, anywhere. What do you think?