No, Wait, Venture Investments Are Up
They rose to $4.8 billion last quarter -- up 17% from Q2, according to the latest MoneyTree report (based on data from Thomson Reuters, PricewaterhouseCoopers and the National Venture Capital Association). Deals, meanwhile, fell only slightly to 637, a drop of just 3%. PwC's Tracy Lefteroff called the new numbers "very encouraging." So how come Dow Jones said on Saturday that venture investing was down third quarter to $5.1 billion, a 6% drop, in a trend that "points to prolonged correction, shakeout"? It depends on whose numbers -- and whose prognosis -- you believe.
20 October 2009•2 mins read
