All isn’t gloom and doom in tech. In key categories, fewer start-ups are landing more early funding and increasingly are acquisition targets of cash-rich companies such as Apple and Google, says Gene Teare, head of content at Crunchbase, which was founded by TechCrunch and spun off last year.
“We see seed investors using a mix of approaches when picking focus industries,” Crunchbase CEO Jager McConnell says. “When interest in a sector heats up across all stages, like virtual reality this past year, it’s common to see seed investors increase activity to capitalize on heightened demand for talent.”
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