After Belt Tightening, Venture Capitalists See More Promise in 2017
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Peter Hamby, head of news at Snapchat, covering a campaign event for Gov. John Kasich in Manchester, N.H., in February. Snapchat’s parent company, Snap Inc., is expected to have one of the biggest I.P.O.s of 2017.CreditIan Thomas Jansen-Lonnquist for The New York Times
SAN FRANCISCO — Investors who once poured money into the nation’s start-ups with abandon began to tighten their belts this year.
The amount of money that flowed into start-ups in the United States fell in 2016 for the first time in four years as the number of deals struck tumbled to their lowest levels since 2011.
But the technology world has high hopes that 2017 will prove to be brighter, as the parent company of Snapchat and other highfliers prepare to go public and venture capitalists amass huge new war chests…
After Belt Tightening, Venture Capitalists See More Promise in 2017
