Down, But Far From Out
If you thought venture capitalists had wearied of all things related to the Internet, think again. Despite the beating e-commerce and content outfits took in the public markets last year, VCs still poured $5.52 billion into such companies during the fourth quarter, according to figures from Venture Economics and the National Venture Capital Assn. In all, Internet-related deals swallowed $7.93 billion in the last three months of 2000 -- more than any other industry, including communications, software, or biotechnology.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Honda Recalls 800,000 Odyssey Minivans Linked to Injuries
- Why Are Critics Calling the $450 Million Painting Fake?