This is a subscriber-only article. Join Entrepreneur+ today for access

Learn More

Already have an account?

Sign in
Entrepreneur Plus - Short White
For Subscribers

It Doesn't Grow on Trees . . . but the PricewaterhouseCoopers Money Tree site can still help you find the venture capital you need.

By Kurt J. Samson

Opinions expressed by Entrepreneur contributors are their own.

In a recent survey by PricewaterhouseCoopers Money Tree, nearlyevery part of the country set new venture capital records in1999's third quarter. Silicon Valley broke the $3 billion markfor the first time, attracting $3.3 billion. New England rankedsecond with $923 million, while New York Metro, the Southeast andthe DC Metropolitan area rounded out the top five, each capturingmore than $600 million.

Close to $5 billion was invested outside the traditional marketsof Silicon Valley and New England. In all, nine regions attractedmore than $300 million each. Other regions included Colorado,Northwest, Los Angeles/Orange County, Texas and the Midwest.

Some particularly active venture capitalists reported funding 10or more companies, investing $15 million or more in the samequarter.

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In