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VC Funding Is Drying Up for Media Startups
Even as funding rounds hit 4-year low, some VCs remain bullish. ‘The media landscape is being transformed,’ says Eric Hippeau
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As venture capitalists exercise more caution and place fewer bets, they’re leaving media startups behind.
Venture funding to media-tech companies slid for the third consecutive quarter to $91.7 million, the lowest amount since mid-2013, according to data from industry researcher CB Insights. Investment activity followed a similar trend, declining to the fewest number of deals since the second quarter of 2012.