Archive for June 5th, 2009
I Thought VC Funding was Drying Up?
Maybe things are looking up! VC firms invested $228 million in 39 tech startups in New York City in the first quarter of 2009. It would be interested to know how that stacks up compared to other areas in the country. Of course, we don’t know how expensive that money was (ergo how much of the pie did start ups have to give up), but overall it’s very exciting to hear that such a large amount of funding is trickling down to worthy start ups!
2 comments June 5, 2009