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SAN FRANCISCO — Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier, a sign of increasing optimism for the economy.

A study scheduled for release today, by PriceWaterhouseCoopers and the National Venture Capital Association, found that startup investments in the January-March period, while down 10 percent from the previous quarter, rose 38 percent from a year earlier to $4.7 billion.

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