Venture -
capital investment
activity is more concentrated in Silicon Valley today than it was in the late 1980s,
when personal computers were all the rage, Mark Zuckerberg was but a toddler, and the web browser hadn't yet been invented.
When the Erie County Industrial Development Agency reinstated its
venture capital activities in recent years and allocated $ 1 million toward that end, it sparked hopes that the ECIDA would be another source of
capital for scalable technology startups.