$7.4 bln of venture capital invested into US startups in Q2 2008

The pace of US venture capital investments remained steady at $7.4 bln during Q2 2008 despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of startups. The amount of money spread across 990 deals in Q2 2008 was unchanged from the same time 2007, according to National Venture Capital Association, PricewaterhouseCoopers and Thomson Reuters.