Money flows for startups again, Seattle Post Intelligencer
July 26, 2005
Two years ago, Seattle-area
entrepreneurs couldn't catch a break when it came to financing their
early-stage businesses as venture capitalists spent time repairing their
damaged portfolios or invested in more mature, later-stage companies.
Times have certainly changed.
Of the 31 state startups that
received financing in the second quarter, 18 were considered seed or
early-stage, according to the MoneyTree Survey from
PricewaterhouseCoopers, Thomson Venture Economics and the National
Venture Capital Association. That's the biggest number
of
early-stage deals in nearly five years. And it is a far cry from 2002
and 2003 when early-stage investing nearly dried up.
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