In the two months following the Sept. 11 attacks, venture capitalists have invested almost $1 billion in computer software companies.
The investment pace rivals the two months previous to the attack, and considering the occasional lag in the reported data, VCs may yet prove to have actually increased their activity after the attacks.
?I?m sure the dotcom implosion hurt them [start-ups] a whole lot more than this [9/11],? said Burt Alimansky, chairman of New York Business Forums Inc. and managing director of Alimansky Capital Group Inc.
Indeed between Sept. 11 and Nov. 10, VCs invested $949.7 million in 94 portfolio companies, according to our