The venture capital environment is changing and early-stage companies are finding it difficult to get financing. The Boston Globe
reports that despite the venture capital market rebounding from its
post-bubble doldrums, the drop-off in early stage companies may
decelerate innovation and cutting-edge technology that typically power
the U.S. economy. High tech centers such as Boston and Silicone Valley
may be more affected than other areas, especially as funding leaned
more towards later-stage companies this past year. Read more.
By Paul L. Kerstein