Cold IPO Market: Venture Funding Hits 12-Year Low
April 22, 2009 at 10:29 AM EDT
Capital venture firms in the Unites States invested only $3 billion in 549 deals in the first quarter - a 61% decline from the first quarter last year - hitting a low that dates back to before the dot-com bubble. Investment activity was down 47% from the $5.7 billion invested in…