Venture Capital Makes a Comeback, Takes Web Startups With It

Yes indeed. Internet investments hit a five quarter high. And eCommerce looks to be on track to hit the highest level since 1999-2000 which is no small feat. Social commerce companies increasingly hot within ecommerce. Within internet, gaming also was a recipient of venture funding.

Also, seed investments are increasingly "encroaching" on Series A territory as VCs make more smaller bets.

For entrepreneurs in Cali, Mass and NY, the news was good as over 70% of funding and 65% of deals went to entrepreneurs in those 3 states. NY had 70% of its financings occur in internet companies showing the city's increasing focus on web companies.

For data geeks, lots of (free) Q2 data (graphs, trends, visualizations, etc) here in this 50+ page report:

http://www.docstoc.com/docs/46989929/Q2-2010-Venture-Capital...