At a time of modest exit expectations, venture investors are increasingly likely to avoid syndicating first rounds, according to new data from VentureSource. In the first half of this year, 63.2% of first rounds had only one venture investor. That’s close to last year’s 62% rate. The frequency of one-VC deals has been climbing steadily since 2003 when 41.8% of first rounds had just one investor.
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