Economic Trends Seen In 2011 Owing To Startups
Bangalore: 2011 has seen the global economy on a rollercoaster ride, with startups playing a significant role; it might be mammoth investments by VCs, PEs, celebrities alike, or aggressive hiring. Here are the economic trends seen over the year, owing to startups.
Bullish Investors
2011 has seen a total of $752 million Venture capital funds invested across 136 transactions, as compared to the $ 707 million across 132 transactions in 2010. Also, the year saw about $2,249 million across 98 deals in Private Equity by the end of September. This shows that the year saw the investors acting bullish on high-risk startups, particularly in the IT, Mobile, and ecommerce sectors. This trend predicts that 2012 would see a similar aggressiveness in the investment and hiring scenario.