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New vs. Follow-on Investments

Table 1
Venture Capital Flows Reflect Softer Market
New vs. Follow-On Investments

    2002       2001  
  #Financings #Investments $Invested(mm)   #Financings #Investments $Invested(mm)
New 264 450 646 292 503 860
Follow-on 550 1,328 1,820 676 1,540 2,940
Total 814 1,778 2,466 968 2,043 3,800

Prepared for the CVCA by Macdonald & Associates Limited