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A Look Back: 2007 was a good year for VC |
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Categories: Strategic Deals
2007 was a good year (the highest in the last six years) for venture capital investments, and was especially good for Internet and technology firms. According to this report - Venture Capital Investments Climb - $29.4 billion in VC fundings were made in 2007, over half of which were made in biotech, internet firms, and "green" technology. $4.6 billion of the total was made to Internet companies. In addition, more than $34 billion was raised by VC firms for future investments, so the positive trend of investments looks good for the foreseeable future.
If you’re considering raising venture money for your Internet business, now is the time to calculate what you need, create a well-thought out plan for how you would use the money, and work on your pitch.










