Venture Capital Firm Numbers Cut in Half since 2000, VC Firm Says
| September 16, 2007 |
The "shake out” of venture capital firms has been much worse than previously reported, according to a survey conducted by venture firm OV Partners.
Based on OVP's figures, 1,156 firms made deals in 2000, according to OVP's Web newsletter. In 2006, the number dipped to 597. That decline is much steeper than the 15 percent drop reported by the National Venture Capital Association in its annual report, OVP said.
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