Venture capital investing is on the decline — But not in Miami

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Venture capital spending continues to lag behind the record activity of recent years, but the Miami area seems to be an exception for such investments. And industry analysts say there’s still billions in dealmaking still to be done.

VC firms invested roughly $38 billion in startups and other early-stage companies during the first two quarters this year, down 10 percent from the $42 billion recorded during the same span in 2016 and off about $2 billion from 2015, according to data collected by Pitchbook and the National Venture Capital Association.