VC Funding is _Not_ Back to Dotcom Levels
There are some bad headlines being repeated today, all basically saying that VC funding is back to dotcom levels. Wrong. It's not even close, with something like $32-billion set to go in this year, versus $51.2-billion at the peak of the bubble.Sure, it's the highest it's been in four years, but you might equally write that VC funding is still 36% off its dotcom peak, or that it is more or less flat year-over-year. Instead we have this irresponsible stuff.
How this meme has taken hold I don't know, but they're all pulling from some new E&Y/Ventureone figures -- which say nothing like what the headline writers are writing.
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