European venture investments hit new low
European venture investments continued their decline in the second quarter of 2008 — there were only 167 deals completed, the fewest in at least nine years. A total of EUR 858 million was invested in Q2, marking a 35 percent drop from the same period last year, according to Dow Jones VentureSource.
That drop is particularly dismal when you realize that 2007 wasn’t exactly a banner year for venture investment either; in fact, it also represented… Continue Reading