Michael Greeley looks at venture investments for the first quarter and seescontraction in his business.
A report from the National Venture Capital Association, Thomson Reuters and PricewaterhouseCoopers released Friday shows venture investing fell 19 percent in the first quarter, compared to the fourth quarter of 2011.
There were 758 deals, which raised $5.8 billion in the fourth quarter, according the NVCA report.
A separate report from Dow Jones VentureSource Friday also showed investment declines. The Dow Jones VentureSource report shows $6.3 billion across 717 deals—18 percent less money and 9 percent fewer deals than in the first quarter of 2011.
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