Venture Capital is still breathing
The VC industry has had a tough year but the firm Greylock Partners, has put together a new $575 million fund, one of the biggest to be created in the last year.
A New York Times article goes on to say "The venture industry has been pummeled in the last year by dismal conditions that have made it difficult for start-ups to go public or get acquired by bigger companies. Many have predicted that the number of venture firms could shrink by as much as half."
What the industry will look like in a year is anyone's guess, but for now it's still alive and kicking.
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Posted, in Finance & Investment, by Nora Richardson on November 2, 2009 | Permalink
