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Venture Capitalists Are Still Feverishly Searching for the Next Facebook

Money into early stage tech companies continues to be hot, according to new data. Everyone is looking for the next Facebook.

While Trump's latest comments on trade are likely to dominate trading on Wednesday, there are other things happening in the market. For example: venture capital money continuing to flow hot and heavy. According to new data from CB Insights, venture capital (VC for you cool kids) investment in private and emerging companies in the U.S. tallied $22.1 billion in the first quarter, up 21% sequentially and up 49% annually.

Everyone is looking for the next Facebook (FB) - Get Facebook, Inc. Class A Report , clearly.

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