Parse the numbers, and it's clear venture capitalists are retracing the path they trod in the dot-com era -- at least when it comes to which sectors are hot.
The latest MoneyTree Report, prepared by the National Venture Capital Association and PricewaterhouseCoopers using data from Thomson Reuters, reported that investment in Internet companies last year hit the highest level since 2001. And the $7.1 billion pumped into Internet-specific startups accounted for 24 percent of all venture capital dollars last year.
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To read the original article: Internet, software investing hit highs not seen in more than a decade - San Jose Mercury News
