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Article: Venture capital volume declines in 1st quarter.(Alternatives)
- Article from:
- Pensions & Investments
- Article date:
- April 28, 2008
- Author:
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Arleen Jacobius
Venture capital transaction volume dropped about 8.5% in the first quarter over the fourth quarter of 2007, according to data released this month by the MoneyTree Report from PricewaterhouseCoopers LLP, New York, and the National Venture Capital Association, Washington.
Another survey by Dow Jones VentureSource, San Francisco, pegged the deal flow decline at 7%, which the company said was the lowest level since the first quarter of 2005.
Although transaction volume generally is slow in the first quarter, the economic environment and the credit crunch have made it difficult for venture capital firms to exit their ...