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I think it is easy to rule out that monopolies and perfect competitions are not the ideal markets that venture capitalists are looking to invest in. Given their relatively low barriers to entry, oligopolies and monopolistic competitions would be the better options for investing. With perfect competitions, I do not think these would prove to be wise investments given that there can be so many players offering similar goods or services. This would therefore hinder the potential for profits and could prove to be difficult to enter the market. Based on a Martin Institute report by Florida and King, the top industries invested in by venture capitalist are software, biotechnology, and media & entertainment. Software having the highest percentage makes sense especially with the last two decades where technology has been growing at a rapid rate. The firms that come to mind are companies such as Apple and Microsoft who hold high market shares in their field. But the interesting thing with software companies is that they sort of ride the line between monopolistic competition and oligopoly. While there are many players, there are a few select players that dominate and stand at the top. And while these companies all offer word processors, firewalls, or digital audio workstations, they hold the potential to be unique from each other. One could argue that Microsofts software offerings are solely unique to them, while on the other hand one could argue that they are their version of what is offered by multiple other companies.