This year, a jittery global market, a tumultuous IPO window, sinking investor confidence have tested the startup bubble. Now, a new report shows venture capital funds, especially early stage-focused funds, are struggling to raise money to pass on to startups.
According to newly revealed statistics from Dow Jones LP Source, a total of 32 venture funds in the United States were able to raise $2.2 billion during the third quarter of 2011.
This figure represents a 24 percent drop from the Q3 2010; during that period, 40 VC funds raised $2.9 billion.
To read the full, original article click on this link: Venture firms struggling to raise funds, especially those that favor early-stage startups | VentureBeat
Author:Jolie O'Dell
