Most non-US investments I make have US educated founders, mostly from Stamford and Harvard business schools.

Also, it's safer to invest in copies of American concepts rather than innovative concepts.

Moreover, the entrepreneurs you back refer you to other entrepreneurs...

I also lived in many countries and speak a few languages which helps...

Fabrice

@joshu Do you have specific selection criteria for non-US businesses? And when you do them is there usually a business model from the get go?