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Short Take: VC fund wins SEC nod

With today's approval from the Securities and Exchange Commission, investors will be able to buy shares by August in Technology Funding's new high-tech venture capital fund. Shares will be available for purchase by August from the firm's Web site for as little as $1,000, with payment by credit card or other means. A preliminary prospectus and marketing materials are posted on the site.

With today's approval from the , investors will be able to buy shares by August in Technology Funding's new high-tech venture capital fund. Shares will be available for purchase by August from the firm's Web site for as little as $1,000, with payment by credit card or other means. A preliminary prospectus and marketing materials are posted on the site.