07-23-2007, 10:43 AM
Quote:US venture capitalists invested more in the second quarter of this year than in any three-month period since 2001, thanks to the continuing boom in "Web 2.0" start-ups and a wave of investment in new medical device technology...
Total investment in information services companies which includes IT-based services such as database design as well as Web 2.0 internet companies that run social networks, blogs and wikis reached nearly $1bn for the first time since the dotcom bust, according to the quarterly figures. The $979m put to work was 52 per cent more than the same period the year before, and more than was invested in the whole of 2003...
full article: http://www.msnbc.msn.com/id/19905823/