VC Money Raising Update for Q2
Venture capital firms raised $9.1 billion from their investors in the second quarter of 2008, or 3 percent more than they did during the same period a year ago.
While the stock market has tanked, venture capital firms have been able to raise money in part because they invest for the long-term, and their investors may see venture capital as a way to diversify now that many other parts of the economy are hurting. Private equity firms, or those that buy or invest in later-stage companies, have been more impacted by the stock market.