
AP
Venture capitalists greeted the new year with fewer overall deals and dollars invested during the first quarter, but in the rapid-fire world of investing in web startups this first-quarter data is about as relevant as a day-old newspaper. There are two things to know as an entrepreneur looking at the latest MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association. The idea that the VC business is contracting as the NVCA and news reports imply is laughable in a post-Instagram world and it’s still a hard time to raise a Series B unless you’re a firm like Pinterest.
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Venture Capital