Shinyred

Le Web 3 and le chequebook

Recovery continues apace in the world of startups according to figures released by Ernst and Young and quoted in the FT.

Global investments in VC targets are expected to top $32bn this year, up from $27bn in 2003 – but still a long way from the heady days of 2001 when a staggering $51bn was paid out.

Judging by the number of VCs attending Le Web 3 this week, the streets of Paris could be paved with gold for some…



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