Fewer private U.S. venture-capital funds are raising money to invest in startups, the National Venture Capital Association says. The biggest players are at the top, the smallest are at the bottom and the midsize firms watch the clock tick.
Market research data shows that 308 active crowdfunding platforms raised $2.7 billion last year. In 2013, the industry is expected to raise $5.1 billion. Here's a look at where the rapidly-evolving industry is heading.