Q2 MoneyTree Survey Out
from the money-money-everywhere dept
This may have appeared yesterday in the dead tree Merc, but the latest PWC Moneytree results are out and the numbers are, well, scary. $7.7B total invested in start-ups in Q2, breaking the record of the previous quarter by 80%. Top distributor of funds: Accel Partners, who invested $77M in Q2 (go TGR!). Tops in the receiving group are Visto in the Internet category, with $31 M of late stage financing (a ton of money poured into a hole, considering Yahoo now provides all the functionality they offered, including a briefcase), and Third Age Media in the Communications category with $89M of third round funding. Comments?
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