|Updated: 11/24/2005; 11:31:29 PM.
Data network connectivity developments, networking business news, and related computing items.
Wednesday, March 31, 2004
Venture 'overhang' at $68 b
: "Excess cash left from the capital raised in the venture community since 1997 shows that $68 billion remains untapped. While funds raised prior to 2000 are nearly completely invested, a quarter of the record funds raised in 2000 have not been invested, according to San Francisco-based VentureOne. ..
Venture capitalists, however, plan on using the majority of the extra funds for future investments. More than half of what remains of the 2000 vintage is earmarked for follow-on investments in existing portfolios, with the investments completed by 2005, according to the report. .. Those funds will be competing with capital raised in 2001 as well. More than half of the funds raised in 2001 have yet to be invested." 9:51:00 AM
Copyright 2005 © Ken Novak.
Last update: 11/24/2005; 11:31:29 PM.