Kogod School of Business

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MBA

Professor Tommy White was Featured in a Technical.ly Article.

Professor White's comments appear in "DC Scores Massive $3B Venture Capital Quarter to Close Out 2024."


 

The article explored investment trends and deals in the DMV (DC, Maryland, Virginia) area in Q4 of the 2024 financial year.

  • In Q4, companies saw $3 billion of venture capital invested across 50 deals, a significant increase from Q3's $478.3 million across 64 deals.
  • The vast majority of the investment money went to e-cigarette manufacturer JUUL, which relocated to the DC area in 2020.
  • It's a competitive time to raise capital right now, which means that startups need to prove that they are sustainable and scalable.

Professor White said: “[Companies are] more focused on revenue generation, protecting capital — not burning all their money."

Read the article here.