3i Quits Venture Capital
Filed in archive Venture Capital by Greg Cruey on March 29, 2008
A number of bloggers have commented this week on the report that 3i will no longer fund start-ups. The Financial Times reported that 3i is "exiting early-stage finance." The FT added that the move "underlines the woeful state of European venture capital".

While Europe took the news hard, it is unclear just how profound an impact the departure of 3i from venture capital will have on China. 3i will remain active in private equity deals.
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Mr Wong
