WASHINGTON • Venture capital companies in the United States are raising money at the highest rate in more than 15 years, even as the values of some once-hot start- ups have begun to cool.
In the first quarter this year, US venture funds collected about US$13 billion (S$17.5 billion), according to The Wall Street Journal (WSJ), using data from Dow Jones VentureSource. It added that this is the largest total since the dot-com boom in 2000.
At the same time, hedge funds which helped push valuations of technology start-ups to dot-com- era heights are getting picky, Bloomberg has reported.
