Third, a rich venture capital market is providing needed liquidity to new ideas and innovations.
A total of $6.5 billion was invested in the Internet during the 5-year period from 1994 - 1998.
Half of that amount, $3.3 billion, was invested in 1998 alone.
Over 700 companies received some stage of VC financing in 4Q98.
Source: National Venture Capital Association