Good news: Venture investment is back
thebln.com
thebln.com
Or is that returning to where investment should be? Where the good stuff (and we know its good because the team rocks and/or because they're accelerating) and everything else has to work even harder to get there.
Anything like this is going to miss a lot of small angel activity, but the mean European investment is barely half the size of the typical American one. There'll be some significant skew from the outsize Facebook/Twitter $100m+ rounds – it'd be interesting to work out what the median round size is too.