The News Review:
- UNH: Angel investment market contracted in 2008
- US govt to consider investing up to six billion in Chrysler: fficial
- CCB Pres: Eyeing verseas Investment In Commercial Banks
UNH: Angel investment market contracted in 2008
Boston Globe
Last year 55480 entrepreneurial ventures receiving funding compared with 57120 in 2007 according to the 2008 Angel Market Analysis released by UNH’s Center for Venture Research. “The significant decline in total dollars coupled with the small decrease in investments resulted in a smaller deal size for 2008 a decline in deal size of 24 percent from 2007″ Jeffrey Sohl director of the UNH Center for Venture Research at the Whittemore School of Business and Economics said in a statement. “In contrast to venture capital in which money must be invested during the life of the fund and is in part based on the size of the fund angel investing is an individual decision and angels invest from their net worth. These data indicate that while angels have not significantly decreased their investment activity they are committing less dollars resulting from lower valuations and a cautious approach to investing. The niche made up of healthcare servicesmedical devices and equipment accounted for the largest share of investments with 16 percent of total angel investments in 2008 followed by software (13 percent) retail (12 percent) and biotech (11 percent)” the center said in a press release. To learn more about the analysis please click.
US govt to consider investing up to six billion in Chrysler: fficial
Economic Times
The panel said in a reportthe administration will provide Chrysler with working capital for 30 days inorder to try to conclude an agreement with Fiat and secure the support ofnecessary stakeholders. “If successful the government will considerinvesting up to the additional 6 billion dollars requested by Chrysler to helpthis partnership succeed” the report said. “If an agreement is not reached thegovernment will not invest any additional taxpayer funds inChrysler.
Related from Champcarnews: Chrysler Says $5 Billion In Low-Interest Loans Will Be Enough
CCB Pres: Eyeing verseas Investment In Commercial Banks
Wall Street Journal
HK) President Zhang Jianguo said Monday the company is considering investing in overseas commercial banks. Speaking on the sidelines of a news.