Saturday, August 04, 2007

RH: Fundraising by U.S. VCs tumbles 62 percent in second quarter, survey says.

"Fundraising by U.S. VCs tumbles 62 percent in second quarter, survey says.
August 1, 2007

Limited partners ponied up $3.23 billion for the U.S. venture capital firms in the second quarter, 62 percent less than in the year-ago quarter, according to a new survey released Wednesday.

After the second soft quarter in a row, venture capital firms were on pace to raise just half of the $24.7 billion for funds closed in 2006, according to statistics from Dow Jones VentureOne."

1 comment:

JJ2000426 said...

Who SOLD OUT a piece of national treasure vital to our survival, to Russians, dirt cheap? On paragraph 4.

Watch out SWC on monday for earnings release after hour. Crooks knocked down SWC from $16.47 to $8.56 in less than 3 months, for no good reason. Maybe they want to sell the remainder to Russians cheap?

Deeply oversold, I expect a blowout SWC quarterly earning, and from here SWC MUST have a dramatic reversal and a great rally on the good earnings. Don't let go of the opportunity!