2013 was a turning point for venture capital.
According to financial services firm Ernst&Young, global venture capital investment in 2013 increased 2 percent compared to 2012, to $48.5 billion. Meanwhile, economic conditions improved in many geographic markets due to increased levels of liquidity and a boost in investor confidence.
Image: Venture capitalists 'raised their game' in 2013, according to Ernst&Young Image Credit: Darius Monsef
