Startup Funding Growth?!

May 13, 2009

A shimmer of sunlight has penetrated the derecho of economic doom and gloom that seems to permeate, well, everything. For entrepreneurs, anyway. Early-stage startups, specifically.

According to numbers from The Deal, the number of funds backing early-stage startups is growing. Something about VCs concentrating "on finding IT startups with limited capital needs rather than late-stage companies that may need significant sums to ramp up production or to weather a downturn in business until the recession is over."

So start cranking out those cocktail-napkin blueprints. A window may be cracked open.

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