Venture capital squeezed as credit, economy tighten - St. Louis Business Journ... - The Diigo Meta page

• 06 Oct 08
  

  isaac Mao
  • Institutional capital sources usually allocate a small percentage of their funds to alternative investments such as venture capital. And as traditional stock investments shrink in the current market downturn, new funds for venture capital also dry up.
  • Venture-backed companies that had considered initial public stock offerings are pulling back from those plans, according to the National Venture Capital Association (NVCA) in Arlington, Va. In a report released Oct. 1, the organization said it recorded six IPOs for the first three quarters of 2008, the lowest volume since 1977.

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