Startups largely live and die by the amount of funding received, and over the past three years there has been an onslaught of investment that virtually doubled as 2015 came to a close.
But that rock-solid growth is beginning to show cracks, as the number of startups that received funding, and the level of funding committed, fell by 11% in the first quarter compared to a year ago, according to the recently released MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data from Thomson Reuters.
