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Investment opportunity for VCs is good, but valuations much lower

News | 05/13/2003 4:00 am EDT

The next two years should see a prime investment environment for emerging wireless companies seeking an infusion of venture capital, but they shouldn't expect to get the enormous valuations of the past. Nor should they expect the money to flow in as easily. That is the consensus of two of Canada's smaller venture capital houses, one from the West and the other from Central Canada.

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