New Venture Capital Investment Nearly Comes to a Halt

It’s official: Institutional investors have put the kibosh on investing in new venture capital funds, though established firms with track records have been able to scare up some money. That’s the big news out of today’s announcement about fund raising trends in the first quarter of 2009 from Thomson Reuters and the National Venture Capital Association.

In the quarter, 40 venture capital funds raised $4.3 billion, down 40% from the first quarter of 2008 when 71 funds raised $7.1 billion. It was the smallest number of venture funds to raise money since the third quarter of 2003. The biggest shocker? Of those 40 funds, only 3 of them were new funds; the other 37 were raised by existing venture firms.

Read the rest of the post on BW’s TechBeat here.

Tags: , , ,

4 Responses to “New Venture Capital Investment Nearly Comes to a Halt”

  1. links for 2009-04-13 « Blarney Fellow Says:

    […] New Venture Capital Investment Nearly Comes to a Halt « Creative Capital (tags: startup) […]

  2. fred wilson Says:

    reblogged some of this on fredwilson.vc spencer

    great stuff

    i also like your thoughts on twitter. as you know, i agree with them.

  3. Mike Rowan Says:

    We are hoping that this isn’t the case, as we are trying to raise capital!🙂

  4. Spencer Ante Says:

    Thanks Fred. I appreciate that.

    As you know, I am also a big fan of your blog as well. Kepp rockin.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: