Keeping Track: venture capital

Despite a sharp decrease, 2001 ended strong

Not surprisingly, the venture-capital market decreased sharply last year. Many start-ups and young firms had difficulty finding the investments they needed to keep going (see story, page 18).

Still, a slight fourth-quarter rebound - the first rise in six quarters - is an encouraging sign. And, despite the decline, nearly twice as much venture capital was disbursed in 2001 as was in 1998. "The free-fall is over, and we've landed safely on higher ground," says Tracy Lefteroff, a partner at PricewaterhouseCooper's VC division.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.