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First Quarter Music Tech Investments Nearly Double in 2010
Looking for that next booming trend in the tech industry? Perhaps you need to look no further than music, as a report from the site Indie Music Tech shows that this year's first quarter music tech investments nearly doubled from the previous two years. Author Duncan Freeman estimates 25 deals in Q1 2010, far surpassing the 27 total investments in the opening months of 2008 and 2009, but averaging a slightly lower deal size at $4.4 million per investment.
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