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Article: The Big Brother house ; PsychoGeography
- Article from:
- The Independent (London, England)
- Article date:
- July 24, 2007
- Author:
CopyrightCopyright 2007 Oakland Tribune. Provided by ProQuest LLC. (Hide copyright information)
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Venture financing in the Bay Area drooped during the spring in a
downturn that also eroded activity in the East Bay, according to a
report released Monday.
The amount of Bay Area venture funding provided to privately held
startups in the region slipped 5 percent in the second quarter of
2007 compared with the same quarter in 2006. In contrast, venture
financing nationwide increased over the same period, a quarterly
study by Ernst & Young and Dow Jones VentureOne found.
"Things have definitely slowed down," said Paul Chau, a San
Francisco-based partner with W.I. Harper, a venture capital firm.
Investors plunked down $2.51 billion on private startup companies
with their head offices in the ...