The latest report from the US-based National Venture Capital Association reveals that VC funds there only raised $1.7 billion in the second quarter of this year – down 82% year-on-year from $9.3 billion in Q2 2008.
Tag: Startups
Posted inNews
Music firms dominate TechCrunch Europa awards
TechCrunch held its first European awards last night, giving gongs to the best startups from the region.
Posted inNews, Startups
VCs planning to invest in fewer startups
Anyone surprised? Thought not. A survey of 700 venture capitalists confirms that they’re being more cautious due to the economic downturn.
Posted inNews, Startups
The three key questions for new music startups
Silicon Valley boffin Reid Hoffman has written a column for TechCrunch in which he outlines the three key questions he asks startups before considering investing in them – and it’s a worthwhile read for music firms looking to raise cash.
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MusicTank file-sharing report calls for new business models
Last year, MusicTank ran a series of events in the UK tagged ”Let’s Sell Recorded Music!”
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VCs backing away from digital music startups
Venture capitalists are increasingly wary of investing in music startups, judging by comments made at Billboard’s Music & Money Symposium in New York yesterday.
Posted inNews, Startups
Mobile social networks collaborate on location data
12 location-based mobile startups have collaborated on a new initiative called OSLO – Open Sharing of Location-based Objects).
