• Internet

    Sharks Tanked: Alternatives As Tech Startup Funding Declines

    We’ve all heard of frugal individuals tightening their belts, but venture capitalists cut off circulation to their legs in 2012. Nationwide spending on startups dropped 10 percent in 2012, and the number of total deals dropped 6 percent, according to the quarterly Moneytree Report based on data supplied by Thompson Reuters. North Texas saw one of the most dramatic declines as venture funding dropped 79 percent and total deals fell 18 percent from 2011. The anti-climactic IPO of Facebook was one of the primary culprits in venture capitalists shying away from tech startups. But there is still plenty of money to be had out there and here we provide some…