It’s no secret that venture capital has struggled since the dot-com implosion. The latest dispatch from the industry’s U.S. trade group, however, says there might be some promising signs of better performance.
In a new report wrapping up the 2012 performance for VCs, the National Venture Capital Association says the broad industry finally returned to the black last year—“the first post-bubble year in which venture funds collectively distributed more cash to limited partners than they brought in,” association president Mark Heesen said in a statement.
