Sunday, 29 November 2015
Last updated 1 day ago
Oct 26 2006 | 7:16am ET
Venture capital investment in the third quarter fell 8% from the second, according to PricewaterhouseCoopers and the National Venture Capital Association.
In 797 deals, VCs invested $6.2 billion. The prior quarter, $6.8 billion went into 907 deals. VC investing has topped $6 billion all three quarters of 2006 so far.
Seed and early-stage investing rose 10% to $1.2 billion during the third quarter.
“We are at a point in the investment life cycle where many venture capitalists are deploying fresh funds that have been raised within the last 18 months or so,” NVCA President Mark Heesen said. “Thus, VCs are finding themselves at the beginning of a very long runway, betting more on those seed and early-stage companies that they believe will have the most promise five to seven years from now.”
The report also showed that the telecommunications, media and entertainment, and industrial and energy sectors showed an increase in fundraising.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…