Venture capitalists’ money is flowing into U.S. technology companies at the highest rate since the dot-com boom, aimed at finding the next big thing — yet there doesn’t seem to be a bubble in sight, say VCs and research firm PitchBook.
Venture capital firms in the United States dished out $84 billion to 8,000 technology startups and companies in 2017, the highest amount of capital seen since the early 2000s, according to an annual industry report from PitchBook and the National Venture Capital Association.
The amount of invested venture capital has seen a near-consistent rise since 2009 and more than doubled since 2012 — though venture capital dipped in 2016 to $72.4 billion from $79.3 billion in 2015, according to Bloomberg.
