VC investors show signs of constraint
Companies seeking venture capital dollars have had a bit less luck in the past year, according to research released Saturday by Dow Jones VentureSource and Ernst & Young.
Overall United States-based VC spending in the first quarter of 2008, totaling $6.8 billion in 603 deals, is down 7 percent year over year and 9 percent since last quarter, according to the research, indicating that venture firms are keeping a tighter grip on their wallets in a time of market volatility and uncertainty.
Hit hardest are companies in the health care sector, which reached its lowest funding quarter in two … Read more