Caught this one on Bill
Hartzer. According to a survey by Dow Jones VentureOne and Ernst &
Young LLP, venture capitalists are seeking to tap into new markets.
Global deals having to do with Web 2.0 / Social
Media are up a 14% in the first half of 2007. Other notable numbers and trends
for the 1st half of 2007 include:
·
$465 Million invested in companies in the US
·
New England may be emerging as the new Web 2.0 /
Social Media Hotspot
·
$464.2 million into 101 deals worldwide in the
1st half of 2007
(highest 6 month total & more than 7% compared to 1st half of
2006)
·
Web 2.0/Social Media deals climbed 14% worldwide
·
$52 million was used in 20 European deals
·
Israeli companies raised US$15 million in five
deals
·
United Kingdom had the most investor activity
with a seven deals accounting for US$22 million
·
Most of Web 2.0 / Social Media deals focused on
“Enterprise 2.0″ using Web 2.0 technologies to improve business functions
·
U.S. dominates the Web 2.0 market
·
China posted just nine Web 2.0 deals, accounting
for US$41 million in investment
The investment figures
reported are “based on aggregate findings of VentureOne’s proprietary research.
This data was collected by surveying professional venture capital firms,
through in-depth interviews with company CEOs and CFOs, and from secondary
sources.
The Bottom Line: Money Talks!
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