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Crisis drying up venture funds – Rattled investors gradually cutting cash flow to startups
October 18, 2008 /
As it becomes increasingly difficult to cash out of their previous investments, venture capitalists are gradually closing their financial spigots in what could be the start of a long dry spell for entrepreneurs.
Although a drought hasn’t set in yet, it’s looking inevitable as the ripple effects of a worldwide financial crisis rattle venture capitalists.
By MICHAEL LIEDTKE
THE ASSOCIATED PRESS
Full Story: http://seattlepi.nwsource.com/business/383888_vc18.html
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Posted in: Funding and Building your Business