US & Canada VCs favor late-stage giants over upstarts in Q4

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Startup investors in the U.S. and Canada have been putting a little less money to work across a lot fewer deals in recent months.

After three quarters of rising investment at early through growth stage, VCs have cut back in the fourth quarter of 2017. They participated in fewer deals and invested less capital compared to both the prior quarter and year-ago periods, according to Crunchbase projected data. (For a quick explanation as to why this report now includes Canada, see the end of…

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