9.13.2007

VentureBeat � Roundup: VC industry cut in half, Obama is LinkedIn, Google-Nasa and more

VentureBeat � Roundup: VC industry cut in half, Obama is LinkedIn, Google-Nasa and more: "VC industry cut in half? — Are there too many VCs chasing too many similar ideas — off the financial cliff? Recent stats coming from the national VC lobby group, NVCA, suggest VC is suffering some fallout. In 2000, there were 1156 different venture firms that made at least one new deal. In 2006, there were only 597. That’s almost a 50 percent drop! (Venture firm OVP makes the observation in its newsletter.)"