This ad will close in

VC Vintage

1999 was a great year for venture capital.

Although everyone from Wall Street to the ivy-covered halls of academia knows it, now the numbers confirm it-1999 was a banner year for venture capital. According to two reports in February 2000, venture capital amounts and the number of recipients both significantly increased.

According to Price-waterhouse-Coopers annual Money Tree Survey, 4,006 companies (a 41 percent jump over 1998 figures) together snagged $35.6 billion in VC financing. The other study, conducted by Venture Economics, a division of Newark, New Jersey-based research company Thomson Financial Securities Data, and the National Venture Capital Association, reported that 3,649 firms (up 25.6 percent) together obtained $48.3 billion in investments. Although the results differ, the reports agreed on the percentage that industry activities increased over 1998-about 150 percent.

Page 1 2 Next »

Like this article? Get this issue right now on iPad, Nook or Kindle Fire.

This article was originally published in the June 2000 print edition of Entrepreneur with the headline: VC Vintage.

Loading the player ...

The One Excuse You Should Never Give Your Employees

Ads by Google

0 Comments. Post Yours.

Most Shared Stories

1
5 Key Characteristics Every Entrepreneur Should Have
2
The 3 Attributes to Look for in Top Talent
3
Steve Jobs' 13 Most Inspiring Quotes
4
The 7 Books Every Entrepreneur Needs to Read When They're Discouraged
5
5 Keys to Inspiring Leadership, No Matter Your Style

Trending Now