Wednesday, April 21, 2010

Venture Capital Investing Climbs to $4.73 Billion

The article "Venture Capital Investing Climbs to $4.73 Billion" discusses how interest in start ups has increased, along with venture capital investment. This is due mainly to improved access to capital among a rebound in mergers and initial offerings. Through the first quarter of 2010, 681 deals had occurred, an increase of $3.36 billion from the same period a year earlier. The biggest deals in the quarter involved companies focused on clean energy, while the biggest declines came in the software and biotechnology industries. According to Bill Wiberg, a partner in a venture firm, "The pace of investing is picking up". This is definitely a good sign for our company, as we will need money to continue to fund our on-going flow-restriction project.

1 comment:

  1. 681 deals....$3.36B....These are mixed units which makes it hard to read.

    ReplyDelete