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Report: VC investments in U.S. up 8% in 2007 to $29.9B

Venture capital investment in U.S. companies continued to climb in 2007 with the most deals and capital invested since 2001 for a total deal count of 2,648 and capital investment of $29.9 billion, according to a report released Tuesday.

The Quarterly Venture Capital Report by Dow Jones VentureSource said the deal count was slightly ahead of 2006 while the total capital invested was an 8 percent increase over last year.

The year finished strong, as the fourth quarter saw 650 deals completed and $7.3 billion invested. That marks a 6 percent increase in the deal count and 15 percent growth in investment over the fourth quarter of 2006.

The data showed that, for the year as a whole, venture capitalists put record amounts of capital to work with biopharmaceutical, medical device and energy-related companies while also ramping up investments in Web-related technologies.


Serbian presidential candidates prepare for runoff on Feb. 3

Marko Blagojevic of Belgrade's Center for Free Elections and Democracy, an independent vote monitoring group, said the runoff would go down to the wire.

"One thing is certain: This will be the tightest election ever in Serbia and the winner won't be known until the last second," Blagojevic said.

The vote could determine whether Serbia will move closer to the EU or sink back into isolation similar to that of the 1990s era of autocrat Slobodan Milosevic. The former Yugoslav president died in 2006 before his genocide trial at a UN war crimes tribunal could be completed.

The pro-Russian Nikolic has sought to evoke Serbs' nationalist pride and has played on the growing frustration over US and EU backing for independence for Kosovo. A Milosevic ally, Nikolic ruled alongside the former president in the 1990s.


Northern Rock rescue 'a trip back to the 1970s'

The immediacy of nationalisation is removed and there is a clearer medium-term prospect for the business."

Northern Rock will also have to pay for the Treasury guarantee and the scheme depends on a "robust" business plan from the potential rescuers. The lender must show it has enough capital to survive in difficult trading conditions and plans must not breach European Union rules.

Northern Rock said it "welcomed" the Government’s preference for a private sector rescue.

The trade union Unite also praised the move as "a creative way of resolving the logjam".

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Jeff Thelen's Blog

My symptoms are a sore throat, tiredness and aches and pains. I have no congestion, but my nose only runs at night. Wierd, isn't it? Alison Struve blows her nose so much she sounds like a foghorn. Stephanie Luisier and chief photographer Randy Bise both have that "sick sound" when they talk.

Was it just me or did the Badgers seem a little unfocused and unprepared for their bowl game? Perhaps it's the long layoff between their last regular season game and the contest on January 1. It was a sort of a fun game to watch, even if it was rather sloppily played. And we love it when a coach gambles and the play works, but when it doesn't we go, "what the heck did you do that for?" And with Coach Bielema going for the touchdown on 4th down instead of the fieldgoal that would have pulled his team within 1 point in the fourth quarter, he's facing some of that criticism now.


Last Updated: May 2006

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The Secret Room Celebrity Gifting Suite to Go On Despite Cancellation ...

LOS ANGELES, Jan. 8 /PRNewswire/ -- The Writer's Guild strike won't be affecting the SWAG given out this year for the Golden Globe Awards, if there even is one. Stars and top media will be attending one of the most new and exclusive celebrity gift suites, The Secret Room, owned and run by Rita Branch and Amy Boatwright.

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