Q3 Venture Investing up Despite Lower Number of Deals
Wisconsin Technology Network, 10.19.07
New York, N.Y. - The third quarter of 2007 saw a nearly 8 percent year-over-year increase in the amount of equity financing, yet showed a 6 percent decline in the number of venture deals, according to a quarterly investment report released by Ernst & Young and Dow Jones VentureOne.
While there are rumblings of an economic slowdown fueled in part by the sub-prime mortgage crisis, the amount of equity dollars deployed in the third quarter is indicative of a still healthy investment climate.