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Entrepreneurial Funding Looking Up in Pittsburgh

July 17, 2007

In a recent article in the e-zine, Pop City, Pittsburgh venture capitalists spoke out about the future of entrepreneuship and venture funding in Pittsburgh. The article states that new companies received $230 million in investment dollars -- the largest growth in VC investment of any area in the country.  Don Jones believes that today's angels are helping to develop successful companies, who, in turn, help develop other successes.  "What we need is to reach a critical mass for the domino effect to be self-perpetuating. There needs to be families of successful companies that spin off each other."  For the full article, check out popcitymedia.com.

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