Technology & Science
Jul. 15, 2010
Slim Venture Funds Sideline Lawyers
The amount of cash raised by venture capital funds hit the lowest level in almost seven years in the second quarter -- an ill omen for companies trying to raise capital or the attorneys who advise them.
Daily Journal Staff Writer
The amount of cash raised by venture capital funds, a leading indicator for future investment in high-tech and biotechnology companies, hit the lowest level in almost seven years in the second quarter of 2010.
That does not bode well for technology companies trying to raise capital in coming months or for the attorneys who advise them.
The National Venture Capital Associ...
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