Silicon Valley venture capitalists raise more money, give less away: Reuters
U.S. venture capitalists are raising money at the fastest rate in a decade, raking in about US$13 billion in the first quarter of 2016, Reuters reported. But much of that cash won’t flow into new startups anytime soon. Rather, venture firms are bracing for a downturn and boosting reserves to keep companies they have already backed from going bust, said venture capitalists and limited partners.
13 May 2016•5 mins read
