The new financial capitol - CBS Evening News - CBS News
(CBS) The DigitalBridge company is trying to bring broadband technology to the small town of Appomattox, Va. But in this economy, financing is not easy to find. "It's been incredibly hard to raise venture capital and only the best business plans get funded," said Kelley Dunne, the CEO of DigitalBridge.
Private investment into these kinds of deals has collapsed from $30 billion a year in 2007 to only an estimated $18 billion this year, reports CBS News correspondent Anthony Mason...
Private investment into these kinds of deals has collapsed from $30 billion a year in 2007 to only an estimated $18 billion this year, reports CBS News correspondent Anthony Mason...
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