|
|
Table 1
Venture Capital Flows Continue to Decline
New vs. Follow-On Investments
| |
|
2003 |
|
|
|
2002 |
|
| |
# Financings |
# Investments |
$ Invested(mm) |
|
# Financings |
# Investments |
$ Invested(mm) |
| New |
252 |
456 |
447 |
|
270 |
476 |
657 |
| Follow-on |
431 |
1,094 |
1,039 |
|
526 |
1,318 |
1,871 |
| Total |
683 |
1,550 |
$1,486 |
|
796 |
1,794 |
$2,529 |
Prepared for the CVCA by Macdonald & Associates Ltd.
|
|
