Three months ago, things were looking up for startups seeking venture capital. Now it seems that optimism was misplaced, according to the latest Moneytree Report from Pricewaterhouse Coopers and the National Venture Capital Association.
Venture funding has followed an unsteady path to recovery since the economy collapsed at the end of 2008. Venture rounds plummeted at the beginning of 2009, and though they’ve been climbing since then, the climb hasn’t been consistent. Investments fell in the first quarter of 2010, rose dramatically in Q2, and now they’ve fallen again.
So here’s the big number: During Q3 (July to September), venture firms invested a total of $4.8 billion in 780 deals, according to the report. That’s a 31 percent drop from the $6.9 million invested in Q2, and it didn’t even match the $5.8 billion invested during Q3 of 2009.
To read the full, original article click on this link: Has the venture capital rebound lost its bounce? | VentureBeat
Author: Anthony Ha
