VC down.VC Down: Venture capital investments in early-stage companies in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. fell 23 percent to $245 million in the second quarter, a new report found. The decline was surprising given that Los Angeles set a record in the first quarter by bringing in $451 million in total funding, a 134 percent jump, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a quarterly survey by Ernst & Young LLP LLP - Lower Layer Protocol and VentureOne Corp. Orange County, on the other hand, had a 32 percent jump in venture capital investments ($216 million), while funding for San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. start-ups fell 12 percent ($269 million). Nationwide, private investors poured $6.7 billion into U.S. startups in the second quarter, investing the largest amount of money since the dot.com era. |
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