Is the venture industry going up, down or sideways?
With fundraising a difficult task for most venture firms in 2011, you’d expect the ranks of active firms to keep shrinking.
But that’s not what happened, according to an analysis by Dow Jones VentureSource, which shows that 923 firms made at least one investment in a U.S.-based company last year, up from 900 in 2010.
That’s still well below a peak of 1,312 active investors in 2000 and the uptick is more a sign of the persistence of firms, whose funds last a decade or more, than an indication that the industry has started growing again.
To read the full, original article click on this link: Number Of Active VC Firms Ticks Upward, But Hold The Champagne - Venture Capital Dispatch - WSJ
