Venture Capital Dollars Stabilize in Second Quarter at Mid-1990s Levels

Venture capital dollars going to startups in the U.S. stabilized in the second quarter at $3.7 billion, according to the latest MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association. The venture money invested in the quarter is still only about half of what it was a year ago (when it was $7.2 billion in the second quarter of 2008), but is 15 percent above the low point in the first quarter of 2009 (when it was $3.5 billion). All in all, VC investments are trending at mid-1990s levels, which isn’t such a bad thing.

The average deal size came up a little bit to $6 million, from $5.3 million last quarter. Seed and early stage investing picked up after venture capitalists fled to the percieved safety of later-stage investments in recent previous quarters.

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