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Business

Venture investment sinks in first quarter of 2012

At $678m, region is 2d to Silicon Valley

Investments by venture capitalists in start-up companies were down sharply in the first quarter of this year, falling 19 percent nationally in terms of dollars and 15 percent in the number of deals compared to the fourth quarter of 2011, according to a report released this morning. Venture investment in US companies in the first three months of this year was $5.8 billion, down from $7.1 billion the previous quarter.

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