Cash remains elusive for Arizona startups

January 25, 2010

By hammersmith

[Source: The Arizona Republic] – Venture-capital investing in Arizona slid more than 70 percent in the fourth quarter of 2009, providing a lackluster bookend to one of the worst deal-making years in recent history.

The economic downturn rattled investors, making it tougher for startup companies that often rely on venture capital to grow their operations.

For more information: Cash remains elusive for Arizona startups