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Article: Survey Shows Venture Capital Fever
- Article from:
- AP Online
- Article date:
- May 15, 2000
- Author:
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MICHAEL LIEDTKE, AP Business Writer
AP Online
05-15-2000
Survey Shows Venture Capital Fever
SAN FRANCISCO (AP) -- Big business is playing an increasingly larger role in venture capital investment, according to statistics released Monday.
A first-quarter survey by PricewaterhouseCoopers identified a division of Chase Manhattan Bank as the leading venture capital investor during the first three months of the year.
New York-based Chase Capital's venture capital investments totaled $289 million during the quarter, according to accounting firm's ``Money Tree'' survey. Two other banks, Wells Fargo's Norwest Equity Partners and BancBoston Capital Ventures, also ranked among the most active in the ...