Report: Philly venture capital investment dips in Q3, Silicon Valley nears normalcy

Last quarter, we celebrated the fact that Philly had the nation’s largest quarter-over-quarter increase in venture capital in the U.S. Thanks to a small number of high priced deals, we saw the local VC market jump nearly 500 percent.

So, could Philly keep the upward momentum into this quarter?

Not so much.

According to the most recent Pricewaterhouse Coopers MoneyTree report, the Philadelphia region’s VC market has seen a significant dip in third quarter investment.

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Friday Tech Roundup: The Bulletin trashes Silicon Valley, Wawa on Facebook and More

In which we link out to the tech news from Philly and elsewhere (when it matters) that slips through the cracks and make it way fun.

Because that’s what we do best.

• The Bulletin, no seriously, the Bulletin reports on why it would make a lot more sense if the hub of the country’s technology community was Philadelphia, not the Silicon Valley.

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