Friends and family of startups were found to be its biggest supporters, shelling out USD23,000 in a business on average, totaling USD60 billion in fresh capital annually, based from data collected by online crowdfunding platform Fundable.
Venture capitalists
Snapchat's rejection of Facebook's USD3 billion acquisition offer raised the question about the true measure of a startup's viability as a profitable company in terms of the number of likes, snaps, and even signups.
Venture capitalist have continued to pour money in new media firms despite the potential hazards in the hope that the startups will be able to lure advertising money, according to a Reuters report.
A report by the coordinated efforts of MoneyTree, PricewaterhouseCoopers and the National Venture Capital Association indicated an increased activity in seed investments in venture capitalists.
According to a Reuters report, venture capitalists showed no signs of shying away from startup investments related to Bitcoin even as authorities increased scrutiny among numerous virtual currency firms.
Venture capitalists mourned the death of colleague Joy Covey, first CFO of Amazon.
California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
The recent cyber attack on Regions Bank provides a new opportunity for venture capitalists.
Two unusual sector start-ups drew the interest of venture capitalists during the second quarter.
Venture capitalists said that Bitcoins was confusing but its future looks bright.
Canvera awarded more venture capital money
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