{"id":163,"date":"2008-10-13T10:00:33","date_gmt":"2008-10-13T17:00:33","guid":{"rendered":"http:\/\/briantroy.com\/blog\/2008\/10\/13\/only-55-vc-funds-raised-money-in-the-third-quarter-down-29-percent\/"},"modified":"2008-10-13T10:00:33","modified_gmt":"2008-10-13T17:00:33","slug":"only-55-vc-funds-raised-money-in-the-third-quarter-down-29-percent","status":"publish","type":"post","link":"https:\/\/blogarchive.briantroy.com\/index.php\/2008\/10\/13\/only-55-vc-funds-raised-money-in-the-third-quarter-down-29-percent\/","title":{"rendered":"Only 55 VC Funds Raised Money In The Third Quarter (Down 29 Percent)."},"content":{"rendered":"

From TechCrunch. This pretty much speaks for itself. The important note is that all of this happened before the last 3 weeks during which the dow has fallen ~ 3000 points.<\/p>\n

This is not about doom and gloom for startups – it is about understanding the environment you are operating in.<\/p>\n

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The third quarter saw the number of U.S. venture funds raising new cash decline by 29 percent to 55 funds, according to data from the National Venture Capital Association<\/a> and Thomson Reuters. That compares to 78 new funds a year ago and 76 new funds in the second quarter of 2008. And 45 of that 55 were follow-on funds rather than new funds.<\/p>\n

Each of those funds, though, raised a lot more money on average. The total raised for the third quarter was $8.1 billion, down only 6 percent from the third quarter of 2007 (but down 12 percent from the $9.2 billion raised in the previous quarter of this year).<\/p>\n

And remember, all of this was before<\/em> the financial meltdown of the past two weeks that had alarm bells ringing<\/a> at every VC firm.<\/p>\n

The three largest funds in the quarter were Sequoia Capital\u2019s $930 million late-stage fund, Austin Ventures\u2019 $900 million balanced-stage fund, and InterWest Partners\u2019 $650 million early-stage fund. In general, more money is going towards later stage, proven businesses than early stage financings. (More at VentureBeat<\/a>).<\/p>\n

Crunch Network<\/em><\/strong>: CrunchBoard<\/a> because it\u2019s time for you to find a new Job2.0<\/p>\n

<\/a><\/p>\n

\n <\/a> <\/a> <\/a> <\/a>\n <\/div>\n

[From Only 55 VC Funds Raised Money In The Third Quarter (Down 29 Percent).<\/cite><\/a>]\n<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

From TechCrunch. This pretty much speaks for itself. The important note is that all of this happened before the last 3 weeks during which the dow has fallen ~ 3000 points. This is not about doom and gloom for startups – it is about understanding the environment you are operating in. The third quarter saw… Continue reading Only 55 VC Funds Raised Money In The Third Quarter (Down 29 Percent).<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,30],"tags":[125,136],"_links":{"self":[{"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/posts\/163"}],"collection":[{"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/comments?post=163"}],"version-history":[{"count":0,"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/posts\/163\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/media?parent=163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/categories?post=163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogarchive.briantroy.com\/index.php\/wp-json\/wp\/v2\/tags?post=163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}