Venture capital at 6-year high

SAN FRANCISCO (AP) -- Venture capital investments in U.S. startups climbed to a six-year high of $29.4 billion in 2007, raising hope that ample money will still be available to back promising new ideas even if the staggering economy falls into a recession.

read more here...http://money.cnn.com/2008/01/19/news/economy/bc.ventureinvestments.ap/index.htm?postversion=2008011908

Here come the hot IPOs of 2008
Combined, these sectors attracted nearly $16 billion in venture capital investments last year, accounting more than half of the total activity.
While focusing on specialties less susceptible to economic downturns, venture capitalists have been increasing their investments more gradually in recent years. During the dot.com boom, high-tech financiers had routinely entrusted millions of dollars with young Internet entrepreneurs who had never before run profitable businesses.

read more here...http://money.cnn.com/2008/01/19/news/economy/bc.ventureinvestments.ap/index.htm?postversion=2008011908