Q1 2002 Money Tree Survey

Despite this decline, early-stage companies increased their share of total venture capital invested, receiving 19 per cent of total capital invested, an increase on 16 per cent received in the fourth quarter of last year. This suggests that venture capitalists are starting to make more new investments rather than concentrating on follow-on rounds.

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NVCA represents over 450 venture capital and private equity organizations. NVCA's mission is to foster the understanding of the importance of venture capital to the vitality of the U.S. and global economies, to stimulate the flow of equity capital to emerging growth companies by representing the public policy interests of the venture capital and private equity communities at all levels of government, to maintain high professional standards, facilitate networking opportunities and to provide research data and professional development for its members.

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