Investing
Venture Investments Surge in Washington State
Investments in venture-backed companies climbed to $745 million in the first half of 2017, up 45 percent.
Investments in venture-backed companies in Washington state climbed to $735 million in the first half of 2017, up 45 percent from the year before according to the MoneyTree report from PricewaterhouseCoopers (PWC) and CB Insights. It was a knockout quarter, said Chris Seel, technology partner at PWC. The biggest surge came in the second quarter,…
Commentary: Before You Leap
Make sure your own house is in order first.
Seattle is experiencing a tech boom second only to that in San Francisco, creating a new generation of startups led by ambitious founders. On average, these startups receive $800,000 to $850,000 in funding much of it from local investors. These local investors, some motivated by the desire to support the Seattle economy and to contribute…