3.9 billion dollars in the first half of global mobile internet

Rutberg&co, a boutique investment bank, recently released data showing that the global mobile Internet sector completed a total of $3.9 billion trillion in venture capital in the first half of the year, up 1 billion dollars over the previous year, with 1.009 billion dollars in consumer mobile apps.

The head of the bank pointed out that although the amount of investment in consumer-type applications accounted for as much as 26%, it was more of a collective advantage, while the amount of single average investment in the sector was declining gradually. The data from the bank showed that, before the Apple iphone became popular, the average amount of money spent on consumer applications in the second half of 2006 amounted to $9 million trillion, but now the figure has fallen to $2.5 million. Analysts say the change suggests that VCs are now more interested in investing in the early stages of the project than they would be willing to invest in smaller amounts, but would invest in multiple projects at the same time, with a bigger investment profile than in the past. According to the data, about 61% of the 479 investment cases Rutberg included in the study were under 5 million US dollars.