Business
VCs have $70 bln in cash ready for investments
VCs have plenty of money to play with - up to $70 billion in committed, but not yet invested, capital.While some dealmakers were in retreat and teeing off at Pebble Beach, these VCs were earning their management fees.
VCs have plenty of money to play with - up to $70 billion in committed, but not yet invested, capital.
While some dealmakers were in retreat and teeing off at Pebble Beach, these VCs were earning their management fees. The most active investors in the first nine months of 2003:
IN NUMBER OF DEALS: IN DOLLARS INVESTED: New Enterprise Associates: 55 Warburg Pincus: $237 mil Austin Ventures: 37 New Enterprise Associates: $169 mil Venrock Associates: 36 Austin Ventures: $141 mil U.S. Venture Partners: 36 MPM Capital: $135 mil Intel Capital: 34 Technology Crossover Ventures: $130 mil