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Net leads in VC funding boom

Fueled by the Internet, venture capital investments nearly doubled in the second quarter compared with a year ago, according to a new study. The National Venture Capital Association and Venture Economics reported that investments increased to $24.
Written by ZDNET Editors, Contributor

Fueled by the Internet, venture capital investments nearly doubled in the second quarter compared with a year ago, according to a new study. The National Venture Capital Association and Venture Economics reported that investments increased to $24.5 billion, up from $12.5 billion in the second quarter of 1999. Full story. -- Margaret Kane, ZD Inter@ctive Investor

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