As if venture capital firms needed reminding, they’re raising precious fewer dollars these days.
The National Venture Capital Association (NVCA) and Thompson Reuters brought that fact home with a report out Monday showing in the June-July-August quarter 45 venture funds raised just under $3 billion.
The economy has taken its toll on venture capital industry, which peaked at raising $35.4 billion in 2007 and has been dropping since. Last year the industry raised $16.4 billion for 151 funds, and through three quarters of 2010 has raised $9.1 billion from 124 funds.
To read the full, original article click on this link: No new venture capital funding in Missouri - St. Louis Business Journal
Author: Rick Desloge
