Investments in startups by European firms last quarter hit their lowest level since at least 2000. Dow Jones VentureSource counts only 167 companies funded, compared to nearly 300 a year ago. Total funding dropped from $2 billion to $1.3 billion. More tellingly, investment in technology startups dropped by half. For comparison, American investments are off 19 percent. [WSJ]
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European VCs even more skittish than ours
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