Corporate
Apr. 10, 2013
Report: venture capital fundraising lower than last year
U.S. venture capital firms raised less money across fewer funds this quarter compared to the year-earlier period, though Silicon Valley lawyers say activity remains stable.
Daily Journal Staff Writer
U.S. venture capital firms raised $4.1 billion across 35 funds in the first quarter, a drop from the $4.7 billion raised by 53 funds during the year-earlier period, according a report released Monday.
Despite the numbers, Silicon Valley lawyers say fundraising is stable from last year.
According to the report by Thomson Reuters and the National Venture Capital Association, the first quarter o...
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