- There are signs the United States economy is cooling off just a bit, but a decline in venture investing in the third quarter is not one of them, according to venture investment trackers.
Venture capitalists invested $6.2 billion in 797 deals during the third quarter of 2006, which represents a decline in both categories, according to a BioEnterprise
, Midwest healthcare start ups raised $564 million in investments in the first three quarters of 2006.)
In assessing the quarterly results, Mark Heesen, president of the National Venture Capital Association, did not seem troubled by the overall decline or surprised by the strength of early-stage funding.
Heesen said the figures reflected a relatively stable i......Full article >>>
ts rose 12 percent to $639 million.
Other highlights from the third quarter are as follows:
Internet-specific companies, those whose business model is fundamentally dependent in the web, captured $1.1 billion in 154 deals, a four-year high.
Telecommunications experienced its strongest quarter since 2002, with $848 million invested in 72 businesses.
The indus......Full article >>>
Source:wistechnology.com By WTN News 11/02/06Related biology technology :1
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