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Venture Capital Flowing Like It's 1999

Fostering competition (and making the emergence of the next Facebook more likely), venture capital is flowing faster than ever. The most raised since early 2001, domestic VC investment hit $10.74 billion in the first quarter, The Wall Street Journal reports, citing data from Dow Jones VentureSource. “This is only the second time since 2001 that venture investment exceeded $10 billion in a quarter,” WSJ writes.
 

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