Venture Capital Funding Hits Six Year High
VC investments rose to a new six year high this year, gaining an 11% increase over last year and making a total of $29.4 billions dollars invested in start-up companies.
In a show of confidence, they have even raised 34.7$ billion for future investments in 2007, a sharp 9% increase over 2006. It seems that they believe the hottest new ideas are recession resistant and will appeal to people in an economic downturn. These areas include healthcare and bio technology, alternative energy, the internet and pollution reduction.
Even though VC’s are investing at levels not seen since last century, they are doing it more carefully now. The new trend is much smaller investments to more companies. After all, Google and Facebook both started in a dorm room or campus.
It doesn’t take a lot these days to get a web site off the dime. So why not invest in a bunch of them and let the founders bootstrap for awhile?











Do you think any of them would be willing to give a guy selling belt buckles and belts some cash?????
Rob-