Big players accounted for more than half of the funds venture capitalists raised to invest in growing companies, and the amount of capital raised decreased in the third quarter.
The picture in the National Venture Capital Association's quarterly look at VC fundraising released Tuesday is one of a contracting industry with big players growing larger and the potential for more difficult fundraising for startups and diminishing returns for investors.
Fifty-three venture capital funds raised $5 billion from limited partners in the third quarter, an increase in the number of firms raising money, but a 17 percent decrease in the amount raised from the second quarter, when 43 firms pulled in $5.9 billion.
To read the full, original article click on this link: NVCA report shows contraction in dollars for VCs
