The second quarter of 2016 is bringing in good news for the Global startup industry. After a slow start earlier this year, in terms of funding, the Global startup funding has locked in a good 21 percent increase to $15 billion in the April-June period.
According to a newly published MoneyTree Report by the National Venture Capital Association and PricewaterhouseCoopers, venture capital investments in the global startup industry in the second quarter have bounced back with full gusto from the dismissive first quarter performance. This has been largely made possible because of the stock market recovery restoring the trust and confidence back in the industry.
Based on data from Thomson Reuters, the report revealed that investors invested a whooping $15.3 billion into venture-backed startups in the second quarter of 2016, which denotes a good 20.5% increase when compared to last quarter's $12.7 billion investments.
The first quarter investment took a major nosedive when the public markets tanked. But, the public markets are now back in form, and so is the startup industry funding. Famous messaging app Snapchat and cab hailing app Uber Technologies raised a combined $4.8 billion, which is nearly a third of the second quarter's investments till now.
In fact, not only did the funding pick up from the first quarter, but when calculated in terms of total dollars, this quarter's numbers have outdone all but three quarters since the year 2000. This suggests that despite the looming fear in the industry in regards to funding, the investors have held their mettle and aren't afraid of investing big.
According to a newly published MoneyTree Report by the National Venture Capital Association and PricewaterhouseCoopers, venture capital investments in the global startup industry in the second quarter have bounced back with full gusto from the dismissive first quarter performance. This has been largely made possible because of the stock market recovery restoring the trust and confidence back in the industry.
Based on data from Thomson Reuters, the report revealed that investors invested a whooping $15.3 billion into venture-backed startups in the second quarter of 2016, which denotes a good 20.5% increase when compared to last quarter's $12.7 billion investments.
The first quarter investment took a major nosedive when the public markets tanked. But, the public markets are now back in form, and so is the startup industry funding. Famous messaging app Snapchat and cab hailing app Uber Technologies raised a combined $4.8 billion, which is nearly a third of the second quarter's investments till now.
In fact, not only did the funding pick up from the first quarter, but when calculated in terms of total dollars, this quarter's numbers have outdone all but three quarters since the year 2000. This suggests that despite the looming fear in the industry in regards to funding, the investors have held their mettle and aren't afraid of investing big.
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