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At mid-year, in terms of dollars and number of deals made, venture capital funding for
U.S. investments was less than half of what it was in 2000, according to VentureWire,
which tracks private equity investment. Even so, the high-tech desert has more than
one venture capital oasis.
In this article, the second of a multi-part series, the E-Commerce Times takes a look at
another e-commerce sector that is getting VC funding: online stores aimed at consumers
with the disposable income to buy the high-end products they want -- but do not
necessarily need. In a word, luxury.