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Venture capital investors poured more money into startups over the past year than ever before, according to financial data company PitchBook. Venture is, of course, how a lot of tech startups raise money. This finding may come as something of a surprise — investors have historically favored face-to-face meetings before handing a promising founder millions of dollars. The industry is known for being majority white and majority male and, historically, VC firms have placed a lot of value on the intangible qualities of an entrepreneur. But the move to connecting virtually means it’s not just Silicon Valley area companies that are seeing a boost in funding, it’s startups across the U.S.
By Marketplace4.5
12471,247 ratings
Venture capital investors poured more money into startups over the past year than ever before, according to financial data company PitchBook. Venture is, of course, how a lot of tech startups raise money. This finding may come as something of a surprise — investors have historically favored face-to-face meetings before handing a promising founder millions of dollars. The industry is known for being majority white and majority male and, historically, VC firms have placed a lot of value on the intangible qualities of an entrepreneur. But the move to connecting virtually means it’s not just Silicon Valley area companies that are seeing a boost in funding, it’s startups across the U.S.

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