Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Money

If you agree with The Wall Street Journal's recent claim that Web startups have hit a cash crunch, you might just be in the wrong place at the right time.

According to a recent report by CB Insights, a New York City-based VC database, the cash is still flowing, to the tune of 790 firms receiving a total of $7.9 billion worth of VC in the third quarter of 2011. If that rate of investment continues through the fourth quarter, CB Insights estimates it'll be a $30 billion-plus year for venture capital, the highest level in a decade.

To read the full, original article click on this link: Where's The Money? Top 10 States For Venture Capital (PHOTOS)