VC Fund-Raising: Wait 'Til Next Year
Venture capital fund-raising hit a 15-year low last quarter, according to data released this morning by the National Venture Capital Association and Thomson Reuters (publisher of peHUB). Just 17 U.S.-based funds raised $1.6 billion, which is the puniest display since Q3 1994 -- when 17 funds raised $938 million. I guess VCs could take a bit of solice that the most recent batch raised more capital per fund than did the 1994 crew, but that really would be damning with faint praise.
12 October 2009•1 min read
