Venture Investment Likely to Fall Short in 2008
In the last few days, venture firms have begun to realize they are not immune from the credit crunch. At the end of next week, official data will arrive that will likely bear that out. Judging by early numbers indicating $5.71 billion went into startups from July through September, the third-quarter venture capital data gathered by Thomson Reuters for PricewaterhouseCoopers and the National Venture Capital Assn. are likely to show a drop of about 27% from the same period in 2007.
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