Corporate
Jul. 14, 2016
Report: Venture activity continues overall cooldown
Venture capital firms continue to finance companies in a selective and cautious mood, with more money flowing to far fewer deals, much of which has flown toward the "unicorn" club of companies valued at over $1 billion.
Daily Journal Staff Writer
Venture capital firms continue to finance companies in a selective and cautious mood, with more money flowing to far fewer deals, much of which has flown toward the so-called "unicorn" club of companies valued at over $1 billion. At the same time, venture firms raised more cash this year than any two-quarter period since 2010, recent data show.
According to a recent repo...
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