VCs Spending Again?
from the it's-about-time dept
In the last few months, the general consensus among venture capitalists was that it was (finally) time to start investing in startups again, rather than nursing along the few startups left in their portfolio that they believed still had a chance to maybe be bought out by a larger company. Now the numbers are starting to come in, and it looks like VCs really are investing in some startups, but a lot of the boost is coming from biotech investments rather than info tech. Information technology startups still took in quite a bit of money, but not noticeably different than in the previous quarter. Still, the recent bump in IPO activity, and general optimism in other areas of the tech economy suggest that VCs are really starting to open the vaults again.