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Oregon companies reaped a staggering $209 million of venture capital in fourth-quarter 1999, more than four times the level of any other fiscal quarter in the history of the PricewaterhouseCoopers Money Tree Survey.
The Oregon figure echoes nationwide trends as venture-capital funds, greater in number and size compared to just a few years ago, embraced technology start-ups in general and internet ventures in particular. Combined, Portland internet retailers Cameraworld.com and 800.com received more than half of the VC funding.
Venture-capital investments in U.S. companies totaled $14.69 billion in the fourth quarter, more than the total for all of 1998 and four times what …