Venture capital firms may find it difficult to recruit investors in an already apprehensive market, as firms recently reported a steep decline in returns for the third quarter of 2009. The most dramatic decline has occurred in 10-year returns, which reported yields of 8.4 percent, down from 14.3 percent in 2009’s second quarter, according to… Read more »
venture capital
Venture capital decline
The venture capitalist market felt the full brunt of the current economic apprehension, as 2009 was the worst year for funding in the past five. Findings released Monday from a joint study by Thomson Reuters and the National Venture Capital Association revealed the tough reality for new businesses. From Baltimore Business Journal: For the full… Read more »
Venture capital firm looks to raise, invest $7.5M
A venture capital firm with an office on Cary Street is looking to put more money into start-ups. According to Tech Journal South, Harbert Venture Partners is raising $7.5 million to invest in the Southeast region. And although the company had no comment, it stands to reason that at least some of that money will… Read more »
Get start-up cash from Google
If you are looking for cash to launch or grow your business, try Google. Google is soliciting business plans at their new Google Ventures site. They have committed $100 million worth of venture capital for the first year. The internet search giant is looking primarily for companies in the consumer Internet, software, hardware, clean-tech, bio-tech, and… Read more »