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VC Firm Balderton raises £282m for tech and media investments
London based Balderton Capital which spun off from its US parent in 2007, is a beacon for funding startups has raised a nice 282 Million pounds for investments in tech and media startup ideas and that bodes well for this kind of economy. (read full story at: ft.com)
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Comments
This will be an excellent time to invest in startups.
Startup Valuations are down due to negligible M&A activity and lack other exits in current economic environment.
Digital Media is going to rule 2009 - 2010. I am sure the VC funds can get very good deals in current economic environment.