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Florida's venture capital dollars shrink in first quarter

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Florida’s stake of the nation’s venture capital dollars shrank significantly in the first quarter compared to the prior quarter. Companies in Florida attracted nearly $72 million from January to March — down 86 percent from $132 million in the prior quarter. As a result, Florida’s ranking fell to 14th among all other states after ranking eighth in the fourth quarter of 2013, reports the Orlando Sentinel. Florida venture capitalists remain undeterred, calling  the current drop a temporary… Reported by bizjournals 10 hours ago.

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