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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (15101)	11/27/2002 5:00:27 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

Conveniently, that feature can be turned off. Message 18277956

To: Oeconomicus who wrote (15101)	11/30/2002 11:37:14 AM
From: Lizzie Tudor	Respond to of 57684

This article says 2.5billion total in IT startups in the 3rd quarter. Yours says 1 billion (20% of presumably 5 billion total IT)... in software alone. IT startups include comm infrastructure where a lot of money goes (high startup costs compared to sw)... so if you take this article as fact, it would be more like 400mm in software (guessing) and that would include all wireless and enterprise... more like it imo. VC funding drops to four-year low In one hopeful sign, investments in information technology start-ups appeared to stabilize, particularly in the Bay Area. Nationally, they declined 1.7 percent to $2.5 billion. In the Bay Area, they fell 0.6 percent, to $1.1 billion. siliconvalley.com Seed money the lowest in 8 years... (fine by me, seed money is a ripoff anyway and all the experienced guys finance themselves at this level... this probably represents the loss of the 23-yr-old dotcom executive, a good thing) Companies receiving their first round of capital got $1.03 billion, down from $1.22 billion in the second quarter, and the lowest level since 1996. The number of such companies dropped from 214 to 159, the lowest in eight years. siliconvalley.com