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- Volume of € 678 million invested in this period, 49% less than in 2008.
- 365 operations (199 new and 157 extensions), 21% less than in 2008.
- € 300 million fund-raising, 84% less than in 2008.
- € 270 million in divestments at cost, 15% less than in 2008.
Medicine and health (25%), consumer products (23%) and Energy and Natural Resources (11.5%) were the sectors that attracted increased investment.
And why wouldn't Valley residents care. Me-too products or not, investment = jobs.
Also, venture capital firms have typically been staffed by two types of partners: technologists that came from industry and bankers that came from the MBA route. Look for the bankers to largely exit the business, since the value add will not be in large quantities of capital deployed, but rather the astute combination of technologies and management expertise.