June 25, 2014

Nick Mathioudakis Comments on Sustainability of Increased Startup Investments in Indiana

More Indianapolis startups are seeking private investments as they eye expansion, the Indianapolis Business Journal reported. Nick Mathioudakis, co-leader of Faegre Baker Daniels' emerging companies and venture capital practice, thinks the situation today is more sustainable than in the past.

"It's a spike," he said of the increase in companies seeking funding, "but I don't think we'll fall down to historical [low] levels."

The amount of funding startups are seeking has decreased, but the emergence of the tech sector has been a factor in an overall increase in venture capital funding, the IBJ reported.

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