After losing money on some venture investments, the company changed course earlier this decade.

This year, only 227 firms have made new venture investments.

A chart in The Times this week described venture investments.

He'd spent it on venture investments that didn't pay off.

During the second quarter, four Long Island companies received over $40 million in venture investments.

Until now, the rate of venture investment has accelerated further.

But the average holding of a venture investment in the last few years has been under two years.

That amount easily exceeds total venture investment from 1990 to 1998.

These provisions are partially offset by a $2 million gain on sale of joint venture investments.

One proposal is to apply the tax break to pension payouts that result from venture investments held more than five years.