VC RightsizingJeff Bussgang
The news came out yesterday that VC funding in the U.S. was down in Q1. Really down. VC funding into start-ups averaged roughly $20 billion a year for many years since the bubble crashed and recently (in 2007 and 2008) had crept up to $30 billion a year. The Q1 ‘09 figure was $3.0 billion, suggesting we are on a $12 billion run rate for this year.
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