VCs Still Chasing Web Companies, But With Less Cash - Russ ...

November 24, 2012 at 4:00 pm PT

Venture investors still have a healthy appetite for early-stage consumer Internet companies, but those startups are having a harder time raising follow-on financing.

Overall the amount invested in consumer information services was off 42% in the first nine months as the difficulties of newly public Internet companies such as Facebook and Zynga cast doubt on the business models and valuations of social media companies.

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Tagged with: business model, cash, consumer, early stage, Facebook, financing, follow-on, investor, public, Start-up, The Wall Street Journal, valuation, VC, venture, Zynga

Source: http://allthingsd.com/20121124/vcs-still-chasing-web-companies-but-with-less-cash/

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