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Venture Capitalists Love Tech -- Here's How to Compete

Stock quotes in this article: GOOG , IBM  

Whether you're a software start-up that sells to Fortune 500 companies or a Web 2.0 business, chances are you're raising eyebrows.

Technology companies of all kinds are attracting willing investors, but the darlings of this trend are Internet-related companies.

Propelled by the success of Facebook and Google(GOOG Quote), this sector is soaking up 2/3 of all technology dollars, says Tracy Lefteroff, global managing partner of the venture capital practice of PricewaterhouseCoopers.

Who Does VC Want Now?

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