Early-stage funding by angels and venture capital firms is growing in size and impact on the technology industry.
Last year, U.S. venture capital firms raised 10 percent less than in 2012, but VC funds focused on early-stage investing raised $9.37 billion, a jump of 51 percent, according to DJX LP Source. In addition, 151 early-stage firms closed funds – more than in the last dozen years. Moreover, investment returns among early-stage venture capital funds are starting to outpace late- and expansion-stage funds, according to the most recent National Venture Capital Association’s (NVCA) performance benchmark, the Cambridge Associates LLC U.S Venture Capital Index.
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To read the original article: The Ascent Of Early-Stage Venture Capital | TechCrunch
