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Georgia Institute of Technology

Slowest quarter in two years for L.A. start-up investment

Slowest quarter in two years for L.A. start-up investment

The first quarter marked the slowest period for investment into Los Angeles start-ups in two years, with just under $400 million going to about 50 companies.

The last time so little came into the Los Angeles region was the first three months of 2014, with $319 million across about 50 start-ups, according to the National Venture Capital Assn. and PricewaterhouseCoopers. Funding has been trending downward since the beginning of 2015, as investors wait to see how big bets placed in the last couple of years play out.

It’s taking a while because start-ups are growing more slowly and conserving more cash — reducing their need for new capital — amid an...

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