'Your papers, please' must never be heard in America
Independent voices from the TWT Communities
Funding for startups fell 12 percent in the April-June period as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade _ a hopeful sign for the broader economy and an indication that investors are willing to wait for returns.
The lackluster stock market debut for Facebook suggests investors are not ready to jump in and create another tech bubble despite big expectations for social media, analysts say.
Venture capitalists invested more in U.S. startups in the second quarter than they did during the same period a year ago, suggesting that investors are ramping up their search for the next Facebook or Twitter.
Those that do become big job creators, he added.
"That's really the bread and butter for VCs and hopefully a harbinger for good economic news for the country overall," said Mark Heesen, president of the NVCA. "If we're investing in early stage, that means we have some time and money that we didn't have in the recent past."
