Venture capital investments were mostly down in 2008, although a couple of categories continued to see growth.In the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, overall venture capital investments were down eight percent from 2007, while fourth quarter of 2008 investments were at their lowest point since early 2005.
"As we emerge from an extremely difficult year, the venture capital industry is holding
its own and taking steps to adjust to the new reality," Mark Heesen, president of the
NVCA, said in a statement.
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