01-10-2008, 08:45 AM
Quote:More than a decade after they first rushed to search for exit-strategy gold in the e-commerce niche, venture investors are still finding plenty of early and mid-stage companies to back in the space.
Often, however, the deals are more modest in size than they were when the dot-com bubble was building and the businesses themselves are being built in a more quiet, workmanlike way, eschewing spending millions on acquiring customers and instead creating solid foundations on which to grow more steadily.
Internet-focused venture investments rose 17 percent in the third quarter of 2007 compared with the year before and more than US$1 billion has been sunk into the sector for four of the past five quarters, according to a recent PricewaterhouseCoopers/National Venture Capital Association MoneyTree report...
full article: http://ecommercetimes.com/story/A-Host-o...61104.html