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Venture capitalists invested $640 million in Washington state companies last year, an increase of 15 percent over 2009, according to the PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report. That's the good news. Now, the bad news. Investment levels are still way below the totals of 2006, 2007 and 2008 when an average of $1.1 billion was invested in the state annually.

To read the full, original article click on this link: Venture capital at a crossroads?

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